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Jaipal Reddy's shift out of Petroleum triggers storm

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Press Trust of India New Delhi

70-year-old Reddy, who was made Petroleum Minister in January 2011, maintained he has no regrets over losing Petroleum but some wry answers he gave at a press conference indicated his apparent sulk.

As BJP and civil society leaders attacked the Prime Minister's decision to take Reddy out of Petroleum Minister as having been dictated by corporate pressure, the Andhra Pradesh veteran kept away when his successor M Veerappa Moily took charge of the portfolio this morning.

Reddy himself assumed charge of Science and Technology in the evening before which Moily came to his residence and held consultations with him in an apparent bid to assuage his feelings.

 

"Many a times it happens (that) you avoid taking decisions. That is not a solution. Avoiding or delaying decision is not a solution. And this is where we need to very seriously work on," Moily said on taking over in remarks interpreted as oblique reference to Reddy's stint.

Decisions, he said, would be taken keeping national interest in mind and not to "benefit one or two individuals or companies." He promised quick decisions and a conducive environment for investment to flow-in.

Reddy, who kept away from journalists the whole of yesterday and most part of today, denied he was unhappy about the shift. He said the Prime Minister took him into confidence about the change in portfolio and "that was enough for me." He, however, gave no reasons for the decision. MORE

  

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First Published: Oct 29 2012 | 8:05 PM IST

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