• Mon. Dec 23rd, 2024

    India spending ₹8 lakh cr on petrol, diesel imports: Gadkari amid record high prices

    Road Transport Minister Nitin Gadkari said that India imports petrol and diesel worth ₹8 lakh crore and it’ll increase to ₹25 lakh crore in five years if the trend of its utilisation continues. Gadkari added that “diesel and petrol aren’t good for the environment” and urged people to switch to alternate fuels. His comments came amid record high fuel prices,

    Union Minister for Road Transport and Highways Nitin Gadkari on Monday said that the country imports petrol and diesel worth Rs 8 lakh crore and it will increase to Rs 25 lakh crore in the next five years if the trend of its utilisation continues.

    “India currently spends nearly Rs 8 lakh crore on import of diesel and petrol, which may increase to Rs 25 lakh crore in next five years, if the trend continues.

    Diesel and petrol are not good for environment,” Gadkari said while addressing a business meeting organised by International Vaish Federation in Delhi on Monday.

    He further said that the people of Delhi need not be told about the pollution that happens due to petrol and diesel.

    With fuel prices skyrocketing and dependence on imports, Union Minister for Road Transport and Highways Nitin Gadkari on Monday highlighted the country imports petrol and diesel worth Rs 8 lakh crore and it will increase to Rs 25 lakh crore in the next five years if the trend of its utilisation continues.

    India needs to reduce dependence on import of crude oil, opt for alternative fuel, says Nitin Gadkari

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