Eavesdropper: Cosmetic cure

Sep 28 2013, 02:20 IST
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SummaryPetroleum minister Veerappa Moily can't push for a much-required hike in diesel prices due to political pulls and pressures.

Petroleum minister Veerappa Moily can't push for a much-required hike in diesel prices due to political pulls and pressures. But he has decided that every Wednesday, from October 9, he will travel to his office by public transport. He also wants this to be followed by the officers of his ministry and 14 PSUs under it. The minister has also suggested staggered office timings for government employees and a "Free Cycle Scheme" in select cities for saving fuel.India's oil import bill, which is the single biggest item impacting the CAD, stood at $144.29 billion in FY13. So when there is a need for a bitter medicine to contain it, Moily favours a cosmetic cure!

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