Threat to ministers by oil lobby a Moily concoction: BJP, Left

Moily claimed that petroleum ministers are "threatened" by import lobbies not to take decisions that will cut India's oil imports

Moily Veerappa M
Press Trust of India New Delhi
Last Updated : Jun 15 2013 | 1:27 AM IST
Opposition Bharatiya Janata Party (BJP)and Left parties on Friday slammed petroleum minister M Veerappa Moily  for claiming to be under threat from oil import lobby, saying that the minister was concocting a story to help private firms gain from his proposal to raise natural gas prices. Communist Party of India (CPI) leader Gurudas Dasgupta, who has in last few weeks attacked Moily for trying to help Reliance Industries by proposing a near doubling  natural gas prices next year, called the minister a “liar”. “This is a loot and he is a liar if he speaks of any import pressure,” Dasgupta said, adding public sector firms are the only firms importing oil and gas in the country  and pressure that Moily  is talking about must be from them, which cannot be the case.

In an interaction with reporters on Friday, Moily claimed  petroleum ministers are “threatened” by import lobbies not to take decisions that will cut India’s $160 billion oil imports. “He is building a false statement, a false story,” Dasgupta said claiming opposition to the proposal to incraease gas price, came from his own officers and two important ministries.

ALSO READ: If someone thinks I am here to help RIL, history will speak against him: M Veerappa Moily

“Therefore I believe the story of pressure is being concocted,” he added.

Former petroleum minister and senior BJP leader Ram Naik said Moily  should have named the lobbies which are trying to pressure him or even his predecessors, S Jaipal Reddy, Murli Deora or Mani Shankar Aiyar.


“I had been the only petroleum minister right from 1963 who has worked for 5 years continuously. There was no such pressure on me nor any effort to do or bring pressure. Pressures are brought on those who succumb to pressure and nobody pressurised me,” he said.

CPI leader D Raja said Moily should speak out the truth. “Which is that lobby, which is that company threatening the petroleum ministry and him,” he asked. Raja said Reddy’s removal as oil minister last year was questioned by all quarters who wanted to know the forces behind his removal. His party colleague Atul Kumar Anjan said Moily should disclose the names of those exerting pressure.” Also, an SIT must be formed to make a report withing three months because it a matter of plunder of country's natural resources.”
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 15 2013 | 12:23 AM IST

Next Story