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.
Veerappa MoilyPetrol price is a deregulated commodity, price of which is decided by our oil marketing companies based on input cost and other parameters.
Veerappa MoilyThe consumption of petroleum should be conserved. We need to adopt some austerity measures. The people should cooperate with us.
Veerappa MoilySaving 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.
Veerappa Moily