Nitin Gadkari says crude oil import costing India Rs 7 lakh crore, calls for shift to alternative fuels
Nitin Gadkari said the prime minister has already declared that by 2022 the country will have to reduce the import bill of crude oil by 10 percent.
Speaking at the MOVE global mobility summit, Nitin Gadkari said the government was clear with its policy to reduce import of oil and end pollution, for which it is encouraging alternative fuel technologies such as biofuels and electric mobility.
Nitin Gadkari, who had in 2017 threatened to "bulldoze" the auto industry to adopt electric vehicles, struck a conciliatory note and said the government was not against petrol and diesel fuels
The Modi government is making a big push to promote alternative fuels. Showing that it means business, it has prepared a detailed blueprint to spur investments.