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Global Crude oil price of Indian Basket was US$ 45.17 per bbl on 07.07.2016



Global Crude oil price of Indian Basket was US$ 45.17 per bbl on 07.07.2016 
The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 45.17 per barrel (bbl) on 07.07.2016. This was higher than the price of US$ 45.15 per bbl on previous publishing day of 05.07.2016.

In rupee terms, the price of Indian Basket increased to Rs. 3049.16 per bbl on 07.07.2016 as compared to Rs. 3043.20 per bbl on 05.07.2016. Rupee closed weaker at Rs. 67.50 per US$ on 07.07.2016 as against Rs. 67.40 per US$ on 05.07.2016. The table below gives details in this regard:

Particulars   
Unit
Price on June 14,2016
And Previous day price
Pricing Fortnight for 01.06.2016
(12 May, 2016 to May 27, 2016)

Crude Oil (Indian Basket)
($/bbl)
 45.17      (45.15)  
   46.34
(Rs/bbl
  3049.16   (3043.20) 
3127.02
Exchange Rate
 (Rs/$)
67.50             (67.48)
   67.48


Daily Crude Oil Price- 08.07.2016  

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Petroleum & Natural Gas Minister asks Chief Ministers to earmark suitable land for providing petro-products dealership to Scheduled caste/ Scheduled tribe candidates 

Various petro-products, namely petrol and diesel, are distributed through dealerships allotted mostly to individuals by the Oil Marketing Companies (OMCs). The companies have a laid down procedure for selecting dealers. Provision for proportionate representation to candidates belonging to Scheduled Caste/Scheduled Tribe is also provided for. This is part of the affirmative action envisaged by the companies for the benefit of candidates belonging to SC/ST communities. 

A review of the performance of the OMCs on this account was undertaken by Shri Dharmendra Pradhan, Minister of State(IC), Petroleum & Natural Gas. It was noticed that for locations earmarked for SC/ST candidates, the response was not satisfactory, essentially on account of non-availability of land. This was attributable to the traditional exclusion of such communities from land ownership. It was observed that during 2014-15, 5,994 locations were advertised specifically for the benefit of such candidates. Against the said advertisement, response was received with respect to only 2,906 locations, accounting for 48.5% of the locations. For 3,088 locations, there was no response. There are also another 658 pending cases where Letters of Intent were issued. But, on account of non-availability of land, the said outlets could not be commissioned. 

Therefore, with a view to ensuring that the individuals belonging to such communities do not suffer on account of lack of access to land, Minister of State(IC), Petroleum & Natural Gas Shri Dharmendra Pradhan has written to all Chief Ministers of the States to earmark suitable land for the purpose. He has also requested that for the purpose, land may be provided by the respect State Governments at concessional rates. The OMCs will take such land on lease from the government, will undertake necessary construction on the said land and will also be providing working capital loan for starting commercial operations. In all 3,745 individuals belonging to SC/ST communities will be provided with avenues of employment and economic empowerment. It is a first of its kind concerted initiative for creating entrepreneurship in the SC/ST community for which necessary co-operation has been sought from the respective State Governments. 

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ACC Appointments
The Competent Authority has approved the assignment of additional charge of following:

(I) Secretary, Department of Personnel and Training, Ministry of Personnel, Public Grievances and Pensions to Ms.Anjuly Chib Duggal, IAS (PB:1981), Secretary, Department of Financial Services, Ministry of Finance from 10.07.2016 to 26.07.2016 during the period of absence on leave/ training of Shri Chirravuri Viswanath, IAS (AP:1981).

(II) Secretary, Department of Administrative Reforms and Public Grievances and Department of Pensions and Pensioners’ Welfare, Ministry of Personnel, Public Grievances and Pensions to Shri Sanjay Kumar Srivastava, IAS (UT:1980), Secretary(Coordination), Cabinet Secretariat from 10.07.2016 to 26.07.2016 during the period of absence on leave/ training of Shri Chirravuri Viswanath, IAS (AP:1981).

(III) Secretary (Performance Management), Cabinet Secretariat to Shri Sanjay Kumar Srivastava, IAS (UT:1980), Secretary (Coordination), Cabinet Secretariat from 01.08.2016 to 24.08.2016 during the period of absence on leave of Shri G.Gurucharan, IAS (KN:1982). 

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