Prime Minister calls for bridging gap between oil import, output.

​GREATER NOIDA: PM Manmohan Singh on Sunday called for resolute efforts to bridge the gap between energy imports and domestic production to fuel India's economic growth, while oil minister M Veerappa Moily stressed the need for staying the course with bold decisions even in the face of criticism.

"An adequate supply of energy at affordable prices is critical to our economic growth... There is a need to bridge the ever-increasing gap between demand and domestic supply. As India configures its policy framework to get back to the high growth-rate trajectory envisioned in our 12th Five Year Plan, the development of the energy sector and particularly the hydrocarbon space must be given particular attention," the Prime Minister said while inaugurating Petrotech-2014.

Taking a cue from the PM, Moily said the government must take decisions if India's energy needs were to be secured. There are systems and there is nothing to fear if decisions are taken transparently to move forward for the nation's benefit, Moily said. "Produce or perish. For this we need to mine our minds before mining fields," he said, hinting there was a need for policymakers to change their mindsets towards energy issues.

Source : timesofindia.indiatimes.com