‘No Reason To Panic’: Piyush Goyal Tells CNBC-TV18 India Has ‘Healthy Stocks’ Of Fuel And Gas | India News
Last Updated:March 14, 2026, 20:39 IST The minister noted that the administration is actively diversifying its procurement strategy, seeking alternative sources to ensure a steady flow of energy and gas Goyal reaffirmed the government’s confidence in India’s fundamental economic strength. (File Photo: PTI) Union Minister Piyush Goyal has urged citizens to remain calm amid the ongoing West Asia conflict, asserting that India is well-equipped to handle potential supply chain disruptions. Speaking with CNBC-TV18, the minister acknowledged that while geopolitical tensions inevitably bring challenges, the government has secured robust reserves of essential commodities to insulate the domestic market from external shocks. Goyal emphasised that India currently maintains healthy stocks of crude oil, fuel, and LPG, dismissing any immediate concerns regarding shortages. He noted that the administration is actively diversifying its procurement strategy, seeking alternative sources to ensure a steady flow of energy and gas. A key pillar of his message was a stern warning against the hoarding of gas cylinders. The minister clarified that there is no logical basis for panic-buying, as the current inventories are …









