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Petrol price is a deregulated commodity, price of which is decided by our oil marketing companies based on input cost and other parameters.

Veerappa Moily

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Veerappa Moily
Age: 84
Born: 1940
Born: January 12
Politician
Moily
M. Veerappa Moily
Marpadi Veerappa Moily
Companies
Price
Deregulated
Based
Petrol
Decided
Parameters
Cost
Input
Company
Commodity
Oil
Marketing

More quotes by Veerappa Moily

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