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Congress MP Criticizes PM Modi Over Delayed Decisions Amid Rising Tensions in West Asia

Congress MP Imran Masood has voiced concerns over Prime Minister Narendra Modi's delayed responses to escalating tensions in West Asia. He warns that the country risks isolation, which could have severe implications for its citizens. The government's recent decision to cut excise duty on petrol and diesel comes amid rising oil prices and public anxiety over fuel shortages. Despite these measures, retail prices remain unchanged, and the government assures that fuel supply is stable. This situation highlights the urgent need for timely decision-making in the face of international crises.
 

Concerns Raised by Imran Masood

Congress MP Imran Masood has expressed his discontent regarding Prime Minister Narendra Modi's delay in making crucial decisions due to escalating tensions in West Asia. Speaking on March 27, Masood warned that the nation risks being isolated, which could have dire consequences for all citizens. He remarked that the Prime Minister is waking up too late to the situation. Decisions that should have been made promptly have left the country in a precarious position, and the repercussions will be felt by everyone. The situation is extremely serious, and public anxiety is palpable. There are reports of shortages in commercial gas cylinders, causing significant distress among the populace.


Government's Response to Rising Oil Prices

This criticism follows the central government's announcement to reduce excise duty on petrol by ₹3 per liter and eliminate it on diesel, as per a gazette notification under the Central Excise Act of 1944. Additionally, an unexpected windfall tax of ₹21.5 per liter has been imposed on diesel exports. This government action is a response to the increasing instability in West Asia, particularly the ongoing conflict involving the United States, Israel, and Iran. The conflict has led to the blockade of the Strait of Hormuz, a vital route that facilitates the transport of nearly one-fifth of the world's crude oil supply. Prior to this crisis, approximately 12-15% of India's oil imports passed through this route.


Impact on Fuel Prices and Supply

While the aim of the excise duty reduction is to provide relief to oil marketing companies facing losses due to rising crude oil prices, retail prices for petrol and diesel have remained unchanged. The government has assured that fuel supply across the country remains stable. The Ministry of Petroleum and Natural Gas has issued a statement confirming that all retail outlets are operating normally and that there is sufficient stock of petrol and diesel at all fuel stations. The ministry has also urged the public not to panic buy amidst circulating rumors.