00:08There is a clear recognition of the fact that various global supply chains of pharma inputs
00:16have disrupted on account of West Asia crisis. There is an issue related to supply of solvents
00:26and active pharmaceutical ingredients. However, there is no major increase in sales prices
00:33of drugs and pharmaceuticals. In order to support pharma industry and to maintain the availability
00:41of inputs, feedstocks and also APIs, Department of Revenue through Notification dated 1 April
00:492026, has slashed custom duties of 40 various petrochemical products to zero. It should
00:59be recognized that the pharmaceutical sector has a very strong value chain linkage with
01:07the petroleum and petrochemical sector, particularly in the supply of critical feedstocks and solvents,
01:14which are used for manufacturing of drugs and syrups. In view of this interdependence,
01:21the government is working in close coordination with the Ministry of Petroleum and Natural Gas
01:27and the Department of Chemicals and Petrochemicals, so that uninterrupted supply of essential pharma
01:33inputs is ensured. Accordingly, Ministry of Petroleum and Natural Gas has made allocation
01:41pro rata as per the availability of feedstocks, particularly propylene. And there are other two solvents,
01:49ammonia and methanol, as with the help of Department of Fertilizer. Fertilizer manufacturing units
02:00are continuously providing the necessary input of ammonia to solvent manufacturers so that further downstream
02:10products are made available. And propylene remains the most critical input because it is used for
02:18production of isopropyl alcohol and isobutyl benzene, which are used for manufacturing of medicines like
02:25ibuprofen and other necessary drugs. A significant portion of these is being supplied by
02:33Ministry of Petroleum and Natural Gas through BPCL Kochi and Mumbai refineries.
02:41However, methanol supply has emerged as a major area of concern. In this regard, there has been discussions
02:49with Assam Petrochemicals and GNFC, which are ready to supply the necessary quantities of methanol.
02:58So, work is underway to establish the necessary logistics and supply chains. And supply, however,
03:07in a moderate way has already commenced. The Department of Chemicals and Petrochemicals has also extended support
03:14by suspending the quality control order of Marfolin. And Marfolin is a very important building block used for
03:21manufacturing of various life-saving drugs. Aluminium supply required for pharmaceutical packaging had faced
03:27constraints. Restoration of supplies underway and the situation is expected to normalize within a week or so.
03:34Supplies of LPG and HSD oil is important, particularly for ampoule and vial ceilings and are under very close watch.
03:44And pharmaceutical units are currently not facing any constraint as of today. The government remains
03:51fully engaged with facilitating supplies on case-to-case basis. That means to say, if there are any concerns,
03:58we get information and request through concerned organizations and also through associations. And as and when
04:08we get requests from these associations, we facilitate the supply in our own limited manner. Thank you.
04:16Thank you. Now we take updates from the Petroleum Ministry. Over to you, Sojati.
04:40which is the requirement of the country, which is the import of the country, which is the import of the
04:44country.
04:45This is the domestic consumer to prioritize.
04:53The use of the LPG is the supply of 100% to ensure.
04:59Our LPG has no dry-out reported.
05:12Our online booking is 98% and the OTP-based LPG delivery is 92%.
05:23Commercial LPG is the effect.
05:28Commercial LPG is 70% to restore.
05:41The price of the LPG has no dry-out.
05:44The price of the LPG has no dry-out.
05:55The price of the LPG has no dry-out.
06:05The price of the LPG has no dry-out.
06:07The price of the LPG has no dry-out.
06:19The price of the LPG has no dry-out.
06:36The dollar market has no dry-out with diapers.
07:01February
07:01If you look at it, it's about 87,000
07:05It's about
07:06It's about 10,05,000
07:11of the cylinder
07:11of the sale
07:12is done
07:14Natural gas
07:16I have told you
07:18that it was about 90%
07:20of the fertilizer plants
07:23for the restore
07:24of the sale
07:26Now, it's about
07:27and it's about 95%
07:38Thank you for joining us.
08:03Thank you for joining us.
08:34Thank you for joining us.
10:29Now we take updates from Shipping Ministry.
12:05Now, Ranirji.
12:08Thank you, ma'am.
16:02and Saudi Arabia to India. Thank you.
16:32India is going to hold a high-powered delegation from U.S. led by J.D. Vance and also Iran.
16:37How do you see that? How does India react to that?
16:45Hi, thanks. I'm Arjadi from PK. Partly asked by Rajesh. But again, what is on Mr. Puri's agenda for Qatar?
16:53Are we looking at resuming sourcing of LNG again from Qatar because Qatar has been the largest supplier?
17:00And one question to Mr. Sathaprakash. Does the supply, the feedstock supplies, will they normalize the production of critical medicines
17:11now?
17:12There were also reports that some contraceptive production was also impacted because of the supplies. Have all those supplies been
17:18normalized now? Thank you.
17:21Hi, Sukhar from Indian Express. My question is for Mangal, sir, and Randhi, sir, as well.
17:27You know, our government has maintained that there should be free passage of ships through the state of Hormuz.
17:39But now increasingly there are talks of a toll being formalized by Iran.
17:44And in fact, U.S. President Donald Trump also made a comment calling it a beautiful thing, you know, a
17:53big, beautiful toll.
17:55Considering that our stance has always been that there should be freedom of navigation,
18:01what would be India's stand if such a system were to be formalized?
18:07Considering that there are certain examples of natural states having a toll system,
18:11for instance, the Bosphorus, the Turkish government charges a fee.
18:17So if that sort of comes into play here in the state of Hormuz, what would be our stance?
18:28Hi.
18:29Tweish from Economic Times.
18:30Thank you for letting me ask a question.
18:33Sir, yesterday, DG Shipping late night came out with a circular
18:38regarding some more advisories telling the ports that they should also pass on the concessions as early as possible
18:44and telling the ships to make sure that they are not overcharging,
18:49saying that there is too much insurance premium being paid.
18:51Sir, can we get to know about any of the triggers that led to this more stricter advisory that was
18:57issued?
18:58Third, third row?
19:01Okay.
19:01We can move, yes.
19:05Two, yes, two and two, 66 and 95.
19:11Hi.
19:12So, Rituraj here from MENT.
19:13My question is about for the Petroleum Ministry and Ministry of External Affairs.
19:18So, Bangladesh Foreign Ministry yesterday met Hardeep Singh Puri
19:22and he sought further supplies of diesel and fertilizers.
19:27Can you give details in terms of what sort of supplies our neighboring countries have sought
19:34in terms of petroleum products
19:35and have we made, have we actually sent further petroleum products
19:41and it's the past one month or what is the way forward on this?
19:48Namaskar, sir.
19:49My name is Anuvesh.
19:51Hello.
19:52Namaskar, sir.
19:53My name is Anuvesh Rat.
19:54I'm from Razi Business.
19:55My name is Foran of Razi 25, sir.
20:00Sir, go ahead.
20:02Sir, sir,
20:06Iran said that we brought new
20:09alternate routes, mine fields and used to catch
21:42And the last question, 45.
21:44Yeah, good afternoon. I'm Priyank from Times Now.
21:46My question is followed up to what Anvesh has asked.
21:50Looking at, since it's a developing situation, things are...
21:59You
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