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Rising oil prices: Time for austerity?

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  • Published On: September 02, 2013
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In difficult economic times, should Indians tighten their belts and go for austerity? Oil Minister Veerappa Moily joins us, as he faces flak for apparently suggesting that petrol pumps may be shut from 8pm to 8am to save fuel. He also suggests carpooling and reduced travel. Is that doable, practical or completely bizarre?
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