Moily 'walks the talk', claims he will take public transport once a week

Moily's bid to send a message that his fuel conservation drive is not just empty talk

Petoleum minister M Veerappa Moily has said today that starting from October 9, he would take public transport like metro or bus on every Wednesday, as part of the ministry's fuel conservation drive.

 

Every Wednesday would be "Bus Days," for ministry staff, PSU officiials too. The ministry has already come out with a circular in this regard.

Staggered office timings for government employees to decongest traffic and staffers taking public transport to workplace once a week are part of a mega fuel conservation drive unveiled by Oil Minister M Veerappa Moily last week to save $5 billion in oil imports.

 

Battling a record current account deficit (CAD) that is a result of mounting oil import bill, Moily is hoping these measures together with a Rs 52 crore nationwide six week mega campaign to propagate conservation of oil and gas will help taper demand, thereby cutting oil import bill by $5 billion.

India spent $144.29 billion last fiscal on importing its oil needs, which is the single biggest item impacting the CAD.