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Oil reserves build-up saves India Rs 5,000 crore


Experts said filling of strategic storages was one of the most outstanding decisions of the government. Nilaya Varma, co-founder and CEO of consulting firm Primus Partners, said, “These are challenging times financially for all governments. An extended period of low crude price has allowed India to take advantage, through public funding of programmes for fighting the pandemic as well for re-firing the economic engine, despite decline in fuel demand.”

Publication - Hindustan Times