International Journal For Multidisciplinary Research

E-ISSN: 2582-2160   •   Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 6 Issue 6 November-December 2024 Submit your research before last 3 days of December to publish your research paper in the issue of November-December.
Submit Research Paper Join as a Reviewer

Plagiarism is checked by the leading plagiarism checker TurnItIn

Call for Paper

Volume 6 Issue 6
November-December 2024

Submit your research paper

Indexing Partners
Academia Advanced Sciences Index Bielefeld Academic Search Engine CiteSeer DRJI Google Scholar Independent Search Engine & Directory Network ISI (International Scientific Indexing) Issuu Mendeley Research Networks
RefSeek ResearcherId - Thomson Reuters ResearchGate Scirus Scribd Semantic Scholar UTeM - Universiti Teknikal Malaysia Melaka Wiki for Call for Papers WorldCat Zenodo

Performance of Motor Spirit (Petrol) Exports from India

Author(s) P. SATHEESH KUMAR, P. JAYA PRAPAKARAN
Country India
Abstract This study paper focuses mostly on performance of India's motor spirit export. India's exports of motor spirits experienced a positive growth rate. The motor spirit export has demonstrated a high level of instability. After imposing restrictions a year ago, the government has extended restrictions on the export of motor spirits to ensure that refined fuel is available in the domestic market. Oil refiners are mandated by the government to sell at least 50 per cent of their annual volume of motor spirit to the domestic market. Private oil companies discouraged from importing Russian oil for export to other countries, including many EU countries, by the move. The curbs were first put in place after the Russia-Ukraine war that started on February 24, 2023, as the non-state refiners started taking advantage of cheap oil coming from Russia to garner maximum profit. The government earlier said that the prices of motor spirit have not been increased by public sector Oil Marketing Companies (OMCs) since April 6, 2022, despite record-high international prices. If the governments take steps to reduce the restriction on motor spirit exports, the motor spirit exports could be increased to a desired level. Moreover, by the result of increased motor spirit exports the more foreign exchange reserve could be accumulated.
Keywords Motor, Exports, Growth, Instability, Spirit, Oil, Gasoline, Petrol.
Field Sociology > Economics
Published In Volume 6, Issue 1, January-February 2024
Published On 2024-01-23
Cite This Performance of Motor Spirit (Petrol) Exports from India - P. SATHEESH KUMAR, P. JAYA PRAPAKARAN - IJFMR Volume 6, Issue 1, January-February 2024. DOI 10.36948/ijfmr.2024.v06i01.12365
DOI https://doi.org/10.36948/ijfmr.2024.v06i01.12365
Short DOI https://doi.org/gtfmpv
View / Download PDF File

Share this



E-ISSN 2582-2160
CrossRef

CrossRef DOI is assigned to each research paper published in our journal.

IJFMR DOI prefix is
10.36948/ijfmr

Downloads
Research Paper Format Copyright Permission Form and Undertaking Form Cover Page Vol 6 Isu 6Cover Page Vol 6 Isu 5Cover Page Vol 6 Isu 4

All research papers published on this website are licensed under Creative Commons Attribution-ShareAlike 4.0 International License, and all rights belong to their respective authors/researchers.

CC-BY-SA Open Access

About IJFMR
Fees & Payment
Current Issue
Publication Archive 		Submit Research Paper
Track Submission Status
Publication Guidelines
Publication Ethics
Peer Review & Plagiarism 		Join as a Reviewer
Editors & Reviewers
Reviewer Referral Program
Get Reviewer Membership Certi. 		Website/Journal Policies
Usage Policy
Content Policies
Privacy Policy
Contact Us +91-9898-5948-55 editor@ijfmr.com