FM Nirmala Sitharaman Expresses Concern On Rising Oil Prices
- 2 years ago
FM Nirmala Sitharaman Expresses Concern On Rising Oil Prices
#PublicTV #NiramalaSitharaman #CrudeOil
Finance Minister Nirmala Sitharaman on Tuesday hinted that the current spike in international oil prices may upset provisions of her Union Budget for the fiscal year beginning April 1 as she voiced concern over the impact of spiralling oil rates on the Indian economy.
“It (rising crude prices) will have a bearing. We have made some provisions for it in the Budget (for fiscal 2022-23). But that provision is only based on some average (price of oil) prevailing earlier but now is beyond that. So, we will have to see how we can work it out,” she said at an interactive session organised by BJP’s Karnataka unit in Bengaluru.
#PublicTV #NiramalaSitharaman #CrudeOil
Finance Minister Nirmala Sitharaman on Tuesday hinted that the current spike in international oil prices may upset provisions of her Union Budget for the fiscal year beginning April 1 as she voiced concern over the impact of spiralling oil rates on the Indian economy.
“It (rising crude prices) will have a bearing. We have made some provisions for it in the Budget (for fiscal 2022-23). But that provision is only based on some average (price of oil) prevailing earlier but now is beyond that. So, we will have to see how we can work it out,” she said at an interactive session organised by BJP’s Karnataka unit in Bengaluru.