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Russia-Ukraine Conflict – Oil will be hard-hit in India

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Dayananda Pathak (Editor-in-chief)

Editorial Desk, 12 March, 2022: India is already suffering for oil crisis. Every Indian has become a victim because of the oil prices. The motor bike holders are made to pay prices for oil beyond their capacity. The story does not end there. The hikes in oil prices have adverse impact on the prices of all the essential goods and services. Russian invasion over Ukraine will complicate the oil crisis several- fold. The issue has drawn the attention of the Government of India. The finance department is at a loss what to do. The Finance Minister will have to submit the yearly budget for the next financial year. Now the people of India fervently waits for policy decisions of the Government of India.

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