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India urges citizens to 'take the bus' to save fuel

Discussion in 'World Economy' started by layman, Sep 24, 2013.

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  1. layman

    layman Aurignacian STAR MEMBER

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    NEW DELHI: India urged citizens to “take the busâ€Tuesday as it announced an energy savings drive aimed at knocking $5 billion off its fuel bill, which has risen sharply in recent months.

    The nation imports over 75 per cent of its crude oil, which is priced in dollars, and the cost has climbed dramatically because of high global prices and a plunging rupee.

    “We need to do more to conserve fuel or face tougher choices such as steep price increases or even quantitative restrictions,†Petroleum Minister Veerappa Moily warned.

    The proposed voluntary measures include switching off engines at traffic lights, avoiding fuel-guzzling practices like frequent braking, carpooling, public transport use and tuning up vehicles to improve fuel efficiency.

    “We want people to take the bus,†Moily said, appealing to citizens to “help our nation in reducing oil importsâ€.

    He said he was “trusting in the wisdom of Indians†to adopt more “responsible†motoring habits, even though their reckless driving makes the country's roads among the world's most unsafe.

    “We can at least save $5 billion†in fuel costs, Moily said.

    He stirred widespread ridicule earlier this month when he said “shutting petrol pumps during the night†was one austerity step being considered to cut imports.

    His campaign steered clear of further reducing subsidies on diesel, which accounts for over 40 percent of fuel use.

    The Congress-led government, whose popularity has nosedived in the face of a string of corruption scandals, is wary of hiking fuel prices with polls due by May 2014.

    It partially deregulated the petrol market in 2010, leading to significant price rises. “As far as now, there is no proposal to raise prices,†Moily said.

    Analysts have said India urgently needs to curb fuel consumption, the biggest item in its import bill.

    Premier Manmohan Singh has asked Moily to prepare a plan to cut the oil import bill by $25 billion.

    India is struggling to shrink its record current account deficit, the broadest measure of trade, which is straining foreign exchange reserves and pressuring the rupee.

    While car ownership has risen, driven by increasingly affluent first-time buyers, the main fuel demand comes from the transport sector such as trucks and buses.

    India, whose per capita energy consumption is among the world's lowest, has little room to reduce fuel use as it needs to power industry to bolster its fast-slowing economy.

    Moily was cagey about a proposal he has made to save $8.5-billion in import costs by boosting oil purchases from Iran, hit by US-led sanctions over its contested nuclear program.

    He told reporters India has a “serious engagement with Iran†and “continues to deal†with the Islamic Republic but that he did not want to comment further.

    US President Barack Obama and Singh are due to meet in Washington later this month and India has been walking a diplomatic tight rope over its Iranian oil purchases.

    New Delhi can pay for Iranian oil in rupees instead of dollars, sparing India's foreign exchange reserves.

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  2. brahmos_ii

    brahmos_ii Major SENIOR MEMBER

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    Ask Ministers to pay the fuel bills from there pocket for there convoy and for there family members... then Indians will follow the same and take the bus, atleast we are paying our own fuel bills what ever the price is...
     
    Last edited: Sep 25, 2013
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  3. Rock n Rolla

    Rock n Rolla Lt. Colonel STAR MEMBER

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    I won't take the bus as long as they're unpunctual & overcrowded...maybe later when you morons manage to do something about it!!

    [​IMG]
     
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  4. omya

    omya Lt. Colonel ELITE MEMBER

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    +1
     
  5. smestarz

    smestarz Lt. Colonel REGISTERED

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    Our politicians are like preachers who preach but do not follow what they preach,
    In the interest of the nation are the VIPs are willing to have the car that they have only and the security guards in this vehicle itself?

    The VIPS move around in convoy of Cars.

    The politicians should first set the rules for themselves and then ask the citizens, else they do not have the moral authority.
    Guess when AA was talking about Indians with low IQ he could have had Veerappa Moily as the "model Indian citizen"

    I mean it is strange for a minister to even think that keeping the Petrol pump closed from 8 pm to 8 am might reduce the fuel spending. Did he imagine the queues for getting the fuel? that might further hamper work and people might be standing in queue to get their car filled than being in office.
    Also what about night long distance transport? Most people prefer traveling long distance at night.. haha
     
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  6. Marqueur

    Marqueur Peaceful Silence ELITE MEMBER

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    if i was living in Mumbai ... i would definitely used the city bus... as i have seen they are one of the BEST ...
     
  7. INDIAN NATIONALIST

    INDIAN NATIONALIST Major SENIOR MEMBER

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    What about improving infrastructure or developing better means for transportation?
    How does GoI have the audacity to sit on its ass and then ask everyone to stop using fuel?
    Absolutely shameless.
     
  8. layman

    layman Aurignacian STAR MEMBER

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    These Dumb guys think people are still listening to them... FUnny part is when they are given the boot in the election they would know that people are not listening and are not stupid.
     
  9. Paliwal Warrior

    Paliwal Warrior Lt. Colonel ELITE MEMBER

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    these are gimmicks

    If they are so worried then they should first stop all populist schemes
    Reduce the size of the ministry from 54 cabinet minister to 25 or less ministers ministry.
    The KG basin should be handed over to other operator (existing operator should be asked to hand over the block back).
    For Coal bed methane essar oil had quoted price of USD 4 per MMBTU and reliance had quoted price of USD 8+ per MMBTU, govt wants to approve USD 8+ per MMBTU.

    We are buying gas at something around USD 8-12 Per MMBTU from the international market QATAR, Australia etc - while currently on the east coast of US due to discovery huge amount of SHALE GAS the prices are uSD 1-2 per MMBTU.

    Why are we not taking advantage of the Developing US relations and offering USD 2-3 per MMBTU ( even after gasification - transportation and regasification costs it will be cheaper) and securing cheap supplies - because to benefit some big indian players and to skim money for them as bribes.

    if the oil companies are incurring losses on diesel / kerosene / cooking gas / petrol - then how come they are reporting thousands of crores in profits.

    Govt Subsidy right - govt subsidy is a wonderful word scheme

    The taxes (customs, excise etc) and duties amount to approx 40% conservatively right so lets take price of one litre of diesel Rs 60
    40% of it is Rs. 24
    now what is the subsidy or under recovery of the same Rs 11
    Taking Rs 24 - saying we make a loss of Rs 11 (what mathematics)

    There are so many things that can be done
     
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  10. Skull and Bones

    Skull and Bones Doctor Death Staff Member MODERATOR

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    And have a bath with neighbor's wife to save water.
     
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  11. omya

    omya Lt. Colonel ELITE MEMBER

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    saale unpadh bhad*e politician hame advice dega tu :dude:
     
  12. Himanshu Pandey

    Himanshu Pandey Don't get mad, get even. STAR MEMBER

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    first they should reduce the size of their fleet and use of govt vehicles by congress and set a example
     
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  13. The Drdo Guy

    The Drdo Guy Captain SENIOR MEMBER

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    chutiy0n k mukhiya hote hain ye suna tha par yahan to chutiy0n ki sarkar bhi chalti hai aur ye chut!ye sochte hain ki jitne chut!ye ye khud hain utni hi chuti¥a public bhi hai.Khana mat khao kyo ki anaz ki kami hai aur tumlog ja k US me ilaz karao aur thiland me message karao.Baby ja k hayat me party kare.Suv,BMW aur benz me free k tel se ghoomo aur public ko bolo ki tel mat bharao free me mile toh chalo.Apni car sadkon par mat nikalo aur bus me dhakke khao...Kya congress government pahele se Chuti¥a hai ya chuti¥apanti ka koi diploma kiya hai?
     
  14. Paliwal Warrior

    Paliwal Warrior Lt. Colonel ELITE MEMBER

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    one of the best examples the govt / congress can set for fuel saving is that they can direct their national leaders to not go on any campaign in the upcoming elections for 4 states and only address the public / campaign through media.
     
  15. Manmohan Yadav

    Manmohan Yadav Brigadier STAR MEMBER

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    while the ministers travel in convoys of 50 cars,
    yea right as if that's gonna happen
     
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