Talking about the faster adoption of alternative fuels for vehicles, Union road transport minister Nitin Gadkari said that reducing the import and use of petroleum products will address “several” concerns of India.
Nitin Gadkari said a section of those who have made good profit from the sale of crude oil provide “fund” for terrorism.
Union road transport minister said he has kept his promise to the then RSS Sarsanghachalak, K S Sudarshan that he would continue the campaign for reducing import and increase export and he continues to do so.
Nitin Gadkari Said while addressing a business meet organised by International Vaish Federation in Delhi.
Nitin Gadkari Said :
Nitin Gadkari Said also said how India currently spends nearly Rs 8 lakh crore on the import of diesel and petrol, which may increase to Rs 25 lakh crore in the next five years, if the trend continues.
Union road transport minister said diesel is the worst fuel for the environment as he urge the investors to take interest in manufacturing ethanol and other cleaner and indigenous fuels to reduce dependence on import of the crude oil.
Nitin Gadkari said his ministry will soon come out with the policy on flex fuel engines for petrol vehicles in the next 6-8 months.
Nitin Gadkari said all car and two-wheeler manufacturers will have to go for flex engines and the cost won’t increase much.
Government was considering the import of flex fuel engines from Brazil, which are at par with the BS-IV vehicles, after obtaining prior permission from the Supreme Court.
The apex court has turned down pleas for registration of BS-IV compliant vehicles.
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