New Delhi: The Lok Sabha today passed a bill which provides for establishing the Indian Institute of Petroleum and Energy (IIPE) in Andhra Pradesh that will impart high quality education and conduct advanced research in all aspects relating to conventional hydrocarbons.
The IIPE is being set up at Visakhapatnam at a cost of Rs 650 crore as part of a package promised by the Centre to Andhra Pradesh after Telangana was separated from it.
Moving 'The Indian Institute of Petroleum and Energy Bill, 2017' for consideration and passage, Minister of State for Petroleum and Natural Gas Dharmendra Pradhan said the benefit of the institute would not be accrued only to Andhra Pradesh but India and the world as a whole.
He also informed the House that India along with China, Japan and the US are doing research on gas hydrates.
This institute, he said, will create jobs for local people also as there would be a lot of non-teaching staff.
To be declared as an institution of national importance, the IIPE would provide high quality education and conduct advance research in all aspects relating to the conventional hydrocarbons, according to the Objects and Reasons of the bill.
Mr Pradhan said such a status for the institute, which began enrolling students from the last academic year, would pave the way for quality education and research needed to monetise the oil and gas resources available in the region.
Quality human resources are needed to monetise the resources on offer, he told the House.
The institute's development was envisaged by the Act which had divided Andhra pradesh into two states, passed by Parliament in 2014 and Prime Minister Narendra Modi was committed to fulfilling promsies made to the two states, he said.
Participating in the debate on the bill, Adhir Ranjan Chowdhury (Congress) said his party paid a heavy price for dividing the state but it stuck to its commitment, underlining that it puts "country before party".
He also used the debate to attack the government over its decision to gradually remove the LPG subsidy, saying "the oil world showered its blessings on Pradhan" as the crude oil price fell by more than a half but he did not share the bounty with the poor.
Over 18 crore people getting the subsidy would not get it, he said, wondering how they became "rich" overnight.
Taking a dig at the ruling side, the Congress member asked, "Is it because you people read Ramcharit Manas or Hanuman Chalisa more?"
Before the bill was taken up for consideration, the House saw a tiff between the treasury benches and Congress members, who objected to the move as well as the Speaker's decision to defer Zero Hour for this.
"Don't bulldoze. The Zero Hour was not taken up yesterday as well," Leader of Congress Mallikarjun Kharge said.
Speaker Sumitra Mahajan assured him that it would be taken up later in the day.
The IIPE is being set up at Visakhapatnam at a cost of Rs 650 crore as part of a package promised by the Centre to Andhra Pradesh after Telangana was separated from it.
Moving 'The Indian Institute of Petroleum and Energy Bill, 2017' for consideration and passage, Minister of State for Petroleum and Natural Gas Dharmendra Pradhan said the benefit of the institute would not be accrued only to Andhra Pradesh but India and the world as a whole.
He also informed the House that India along with China, Japan and the US are doing research on gas hydrates.
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This institute, he said, will create jobs for local people also as there would be a lot of non-teaching staff.
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To be declared as an institution of national importance, the IIPE would provide high quality education and conduct advance research in all aspects relating to the conventional hydrocarbons, according to the Objects and Reasons of the bill.
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Mr Pradhan said such a status for the institute, which began enrolling students from the last academic year, would pave the way for quality education and research needed to monetise the oil and gas resources available in the region.
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Quality human resources are needed to monetise the resources on offer, he told the House.
Advertisement
The institute's development was envisaged by the Act which had divided Andhra pradesh into two states, passed by Parliament in 2014 and Prime Minister Narendra Modi was committed to fulfilling promsies made to the two states, he said.
Participating in the debate on the bill, Adhir Ranjan Chowdhury (Congress) said his party paid a heavy price for dividing the state but it stuck to its commitment, underlining that it puts "country before party".
He also used the debate to attack the government over its decision to gradually remove the LPG subsidy, saying "the oil world showered its blessings on Pradhan" as the crude oil price fell by more than a half but he did not share the bounty with the poor.
Over 18 crore people getting the subsidy would not get it, he said, wondering how they became "rich" overnight.
Taking a dig at the ruling side, the Congress member asked, "Is it because you people read Ramcharit Manas or Hanuman Chalisa more?"
Before the bill was taken up for consideration, the House saw a tiff between the treasury benches and Congress members, who objected to the move as well as the Speaker's decision to defer Zero Hour for this.
"Don't bulldoze. The Zero Hour was not taken up yesterday as well," Leader of Congress Mallikarjun Kharge said.
Speaker Sumitra Mahajan assured him that it would be taken up later in the day.
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