India looking for other sources of crude oil supply: Nirmala Sitharaman

 

Finance Minister Nirmala Sitharaman.

• The central and state governments will have to discuss about the inflationary impact of rising crude and its impact on consumers and the economy, Sitharaman said

India will look for alternative sources of crude oil to ensure sustained supply of the fuel, Finance Minister Nirmala Sitharaman said.

New supply chains won’t likely have an impact on crude prices though, she said on Saturday. The federal and state governments will have to discuss about the inflationary impact of rising crude and its impact on consumers and the economy, Sitharaman said.