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News1804-02-2026, 20:00

AAP MP Sanjay Singh Questions India-US Trade Deal, Cites Unanswered Concerns on Russian Oil

  • AAP MP Sanjay Singh criticized Industries and Commerce Minister Piyush Goyal for not fully addressing concerns about the India-US trade deal in Parliament.
  • Singh highlighted the potential burden of Rs 80,000 crore on the public if India stops buying crude oil from Russia at the US's behest, as Russia supplies 40% of India's crude.
  • Piyush Goyal stated that ensuring energy security for 1.4 billion Indians is the government's top priority and diversifying energy sources is central to the national strategy.
  • Goyal mentioned that the US is a world leader in energy, aviation, data centers, and nuclear power, areas where India needs to grow for 'Viksit Bharat'.
  • The trade deal includes a reduced reciprocal tariff of 18% from 25% by the US, and the punitive levy linked to India's purchase of Russian oil has been removed.

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