Petrol at Rs 100: PM Modi blames previous governments for not cutting import dependence
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Petrol at Rs 100: PM Modi blames previous governments for not cutting import dependence
PTI / Updated: Feb 17, 2021, 19:05 IST
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PM Modi said that India is looking to cut energy import dependence as well as diversify its sources. (File photo)
NEW DELHI: On a day when petrol crossed the Rs 100 mark, Prime Minister Narendra Modi on Wednesday said the middle-class would not have been burdened if the previous governments had focussed on reducing India's energy import dependence.
Without referring to the relentless increase in retail fuel prices, which are linked to international rates, he said India imported over 85 per cent of its oil needs in the 2019-20 financial year and 53 per cent of its gas requirement.