00:08There is a clear recognition of the fact that various global supply chains of pharma
00:15inputs have disrupted on account of West Asia crisis. There is an issue related to supply
00:25of solvents and active pharmaceutical ingredients. However, there is no major increase in sales
00:32prices of drugs and pharmaceuticals. In order to support pharma industry and to maintain
00:40the availability of inputs, feedstocks and also APIs, Department of Revenue through Notification
00:47dated 1st April 2026 has slashed custom duties of 40 various petrochemical products to zero.
00:59It should be recognized that pharmaceutical sector has a very strong value chain linkage
01:06with the petroleum and petrochemical sector particularly in the supply of critical feedstocks
01:13and solvents which 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
02:10downstream products are made available. Propylene remains the most critical input because it is used
02:17for production of isopropyl alcohol and isobutyl benzene which are used for manufacturing of medicines
02:25like ibuprofen and other necessary drugs. A significant portion of these is being supplied by the Ministry of Petroleum
02:35and Natural Gas through BPCL Kochi and Mumbai refineries. However, methanol supply has emerged as a major area of concern.
02:46In this regard, there has been discussions with Assam
02:50Petrochemicals and GNFC which are ready to supply the necessary quantities of methanol. So work is underway to establish the
03:02necessary logistics and supply chains.
03:05Supply, however, in a moderate way has already commenced. The Department of Chemicals and Petrochemicals
03:12has also extended support by suspending the quality control order of morpholine and morpholine is a very important building block
03:20used for manufacturing of various life-saving drugs.
03:23Aluminium supply required for pharmaceutical packaging has faced constraints. The restoration of supplies is underway and the situation is expected
03:31to
03:32normalize within a week or so. Supplies of LPG and HSD oil is important, particularly for ampoule and vile ceilings
03:41and are under very close watch and
03:44pharmaceutical units are currently not facing any constraints as of today. The government remains fully engaged with the
03:52facilitating supplies on case-to-case basis. That means to say, if there are any concerns, we get information and
04:00request through concerned organizations and also through associations. And as and when we get requests from these associations, we facilitate
04:12the supply in our own limited
04:14manner. Thank you. Thank you. Thank you. Now we take updates from the Petroleum Ministry. Over to you, Sujati.
04:26Thank you, Sujati.
04:35Thank you very much.
05:04Thank you very much.
05:32Thank you very much.
06:03Thank you very much.
06:38Thank you very much.
06:59Thank you very much.
07:29Thank you very much.
08:02Thank you very much.
08:34Thank you very much.
08:59Thank you very much.
10:30Now we take updates from Shipping Ministry.
12:08Thank you, ma'am.
12:47We are also, we are also reaching out to other countries in the GCC region.
12:51Our Minister of Petroleum, our Minister of the region.
12:55As you would have seen, he is paying an official visit to Qatar on 9th and 10th of the region,
13:01Thank you very much.
17:57My 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 considering that there
18:08are certain examples of natural states having a toll system, for instance, the Bosphorus,
18:14the 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?
18:30Thank you for letting me ask a question.
18:33Sir, yesterday, Digi Shipping late night came out with a circular regarding some more
18:39advisories 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're not overcharging of saying that there's too much insurance premium being
18:51paid.
18:51Sir, can we get to know about any of the triggers that led to this more stricter advisory that
18:56was issued?
18:59Third, third row.
19:00Okay.
19:01We can move.
19:02Yes.
19:04Two.
19:05Yes.
19:06Two and two.
19:06Sixty-six and ninety-five.
19:11Hi.
19:12So, Rituraj here from MENT.
19:13My question is both for the Petroleum Ministry and Ministry of External Affairs.
19:18So, Bangladesh Foreign Ministry yesterday met Hardeep Singh Puri and he sought further supplies
19:25of 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 amidst the past one month
19:42or what is the way forward on this?
19:48Hello.
19:49Hi.
19:49My name is Manuvesh.
19:50Hello.
19:52Hi.
19:53My name is Manuvesh Shrath.
19:54I'm a generalitti.
19:55I'm a general and I'm a general and I'm better.
19:58My name is Dhanting.
20:00I'm a general and I'm a general and Indian Airless.
20:02That's a general and I'm getting different from this.
20:12Well, I'm a general to see Yarramnina.
20:15of state of formos
20:17to go to the state of formos.
20:17Is that the status changed?
20:19Is that the status changed?
20:21Is that the status of totally blocked it?
20:23Is it going to go back to the Indian ship
20:24and go back to the other way?
20:26Is it going to further further?
20:29And, Randeer sir, you have asked,
20:30you had a advisory in Iran
20:33that if you can go back to Iran
20:36or move out from Iran,
20:38or even move out from Iran.
20:38There are many Indians who are in Iran
20:40or in the conflict zone.
20:42And there are some other plans there.
20:48Good afternoon, this is Harsh Trivedi from Republic TV.
20:51My question is to Randeer sir sir.
20:53Pakistan's Defence Minister Khwaja Asif
20:55in the National Assembly of Pakistan has said
20:57that Pakistan Muslim world has two enemies,
21:01Hindustan and Israel.
21:02Now this comes just ahead of the high profile political meeting
21:05that is scheduled between America and Iran.
21:08How do we see it?
21:1096 and then we can give the mic to 45 also.
21:13Mr. released Randeer sir.
21:16Randeer sir,
21:17Mr. Jag dizer,
21:19his lead to the AU dansaj
21:42before?
21:43The last question, 45.
21:44Yeah, good afternoon. I'm Priyank from Times Now.
21:47My question is follow-up to what Anvish has asked.
21:50Looking at, since it's a developing situation, things like...
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