New Delhi, May 2 (ANI): Petroleum Minister M Veerappa Moily on Friday hit back at CPI leader Gurudas Dasgupta who had alleged that Moily is favouring Reliance Industries by hiking gas price as per Rangarajan formula. Moily stated that he wants to liberate the country of any import regarding fuel so that the nation becomes self-sufficient. He further clarified that he is not working for the welfare of any particular industry because many organizations will be benefitted by his policies. Moily had earlier clarified that once the Election Commission lifts its model code of conduct on May 12 its order for the deferment of a new gas-pricing regime based on the Rangarajan formula will cease to exist and a price hike would come into effect.
