Moily cautious, promises to contain price of petroleum

October 29, 2012 11:18

Veerappa Moily on Monday assumed charge as the Petroleum and Natural Gas Minister. "It is a challenging Ministry. I will deal with issues cautiously," he said soon after taking charge.

Earlier, Moily said that inflation in the country revolves around the prices of petroleum products, which needs to be curtailed as its burden falls directly on the common man. Moily further said that he would aim for a multi-pronged attack to curb the prices and needed to address the issue of energy security.

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