The consumption of petroleum should be conserved. We need to adopt some austerity measures. The people should cooperate with us.
Veerappa Moily
Those who know me would tell you, 'Moily can't be cowed down.' I have plans to enhance domestic oil and gas production.
If all of us work in accordance with rule of law, if rule of law is implemented, we are all safe, investors are safe, people will be safe.
We need to do more to conserve fuel or face tougher choices such as steep price increase or even quantitative restrictions.
We as a nation have no choice but to conserve fuel to the best of our abilities or be prepared for harsh measures like steep price increase, if the need so arises.
In the process of ego, in the process of lobbying and in the process of just criticising for stake of criticism or in the process of politicising, don't commit national crime. Don't prevent exploration in the country. Let us move ahead more aggressively; it is in the best interest of the country.
India has large proven reserves of gas that remain unexploited.
As the law minister, I had ensured that the government's right to natural resources was protected. The result was evident. The honourable Supreme Court gave the landmark decision in RIL vs RNRL case that the government is the owner of all natural resources.
I am not suggesting that just by taking the Metro, I will save billions. But I hope others will follow.
Saving petrol is saving India's money. This is a sense of patriotism. The country can be energy-independent by energy conservation. I appeal to the other ministers also to do this.
Fuel conservation is a necessity, and I have to be the first person to set the example.
It's a voluntary act. I cannot punish anyone not taking the public transport, but I want everyone, from the highest ranking officers to the lowest, to take public transport every Wednesday.
We are not in the regime of Aurangzeb. We are in the regime of rule of law. When rule of law is concerned, it applies to government, it applies to Supreme Court, it applies to everybody.
Fuel conservation is as important as fuel production.
I am not helpless. Any timid minister will not go forward... I have come here to strive hard for the sake of the country, to work for the country. If anybody thinks that decision making process in the oil sector will be prevented, they are totally wrong.
I am not playing for any lobby. I am playing for national lobby. I will ignore lobby. Anybody has useful suggestion, they can give it to me. The history will speak about it.
By 2020, 50 percent of imports should be reduced, which should become 75 percent by 2025. By 2030, India should be energy independent.
I have written to Minister of State for Personnel, Public Grievances and Pensions, asking him to consider 'staggered office timings' for government offices, which will help in decongesting road traffic during peak hours.
Petrol price is a deregulated commodity, price of which is decided by our oil marketing companies based on input cost and other parameters.
If I can save 25 billion dollars in terms of reduction of import, I will be adding one percent to the GDP. By conserving the oil energy by the people, the GDP will become 5.5 percent, and this will change the economy of the country.
There are people with vested interest who do not want us to reform our energy sector so that we remain dependent on imports. All reform moves are resisted. Bureaucrats are hesitant to take bold decisions.
