Hardeep Singh Puri Statement about Lockdown and How Government Bearing Loss to Keep Fuel Affordable

| Last updated: 27 March 2026

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Union Minister Hardeep Singh Puri has debunked rumors of a potential lockdown in India, calling them "completely false" and harmful. He explained that despite a sharp global surge in crude oil prices, the Indian government, led by Prime Minister Narendra Modi, has chosen to absorb significant financial losses to keep fuel prices affordable for citizens. This strategy involves reducing excise duties and imposing export taxes on fuel to mitigate the impact of rising international costs.

On Friday (27th March 2026), Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said there is NO plan to impose a lockdown in India, which was previously implemented during the pandemic period. The Minister Hardeep Singh Puri said the rumours of lockdown are "completely false" and misleading. He criticised the rumours of lockdown in such a situation and said spreading such misleading news is a "irresponsible and harmful. As these rumours can: Create panic among people Spread

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About the Author

Mitali

Finance Professional

I write about Income Tax, GST, TDS, RBI updates, government schemes, and personal finance in India. My focus is on simplifying complex tax and compliance topics into easy-to-understand guides that help readers stay updated with the latest financial rules, investment options, and regulatory changes.

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