Fuel conservation is a necessity, and I have to be the first person to set the example.
Veerappa MoilyBy 2020, 50 percent of imports should be reduced, which should become 75 percent by 2025. By 2030, India should be energy independent.
Veerappa MoilyIf 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 Moily