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PMO rejects proposal to shut down petrol pumps at 8 pm

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PMO rejects proposal to shut down petrol pumps at 8 pm
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New Delhi: A controversial proposal to shut down petrol pumps at 8 pm as part of its austerity measures to taper fuel demand has been rejected, sources said.

The Prime Minister's Office has rejected the plan floated by Oil Minister Veerappa, saying regulating petrol pumps will send a bad signal to the economy, NDTV reported quoting sources.

"There are various options and ideas that have been floated. Shutting petrol pumps during night is one of them. But we have not decided. It is just a proposal," Oil Minister M Veerappa Moil had told reporters on Sunday.

His ministry plans to launch a massive fuel conservation drive from September 16 to cut fuel demand by 3 per cent and save an estimated Rs 16,000 crore or USD 2.5 billion in forex outgo.

"Shutting petrol pump is an idea that has come to us. We have not adopted it. It is not my view," Moily said.

Reacting sharply, BJP spokesperson Shahnawaz Hussain had said, "What is petrol pump? Government will close the country. Won't the people fill their car fuel tanks in the morning. This is a strange move by Moily."

If the Manmohan Singh government has run out of ideas to tackle the economic mess, it can take suggestions from the BJP, he had said.

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