I am not suggesting that just by taking the Metro, I will save billions. But I hope others will follow.
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 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.
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.
The consumption of petroleum should be conserved. We need to adopt some austerity measures. The people should cooperate with us.
Fuel conservation is a necessity, and I have to be the first person to set the example.
Petrol price is a deregulated commodity, price of which is decided by our oil marketing companies based on input cost and other parameters.
Fuel conservation is as important as fuel production.
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.
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.
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.
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.
By 2020, 50 percent of imports should be reduced, which should become 75 percent by 2025. By 2030, India should be energy independent.
Those who know me would tell you, 'Moily can't be cowed down.' I have plans to enhance domestic oil and gas production.
We need to do more to conserve fuel or face tougher choices such as steep price increase or even quantitative restrictions.
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