Union Minister Nitin Gadkari on Thursday said that the social media campaign against E20 fuel was paid and politically motivated to target him, adding that concerning automobile manufacturing companies, SIAM and the Supreme Court had given clarity on the finding of blended fuel.
Talking at the SIAM Annual Convention, Gadkari said that E20 fuel is an import substitute, cost effective, pollution free and indigenous. "Rs 22 lakh crore worth fossil fuel is being imported. The Prime Minister wants of producing in India," said Gadkari, adding that Rs 22 lakh crore can be added to the Indian economy through the programme.
"We decided to make ethanol from corn. This has profited farmers with Rs 45,000 crore. The rate of per quintal of corn has risen from Rs 1,200 to Rs 2,800," the minister said.
He said that this year, Uttar Pradesh and Bihar have produced three times more corn this year and added that India has a surplus of rice and wheat as well.
Focus on alternate and biofuel
Gadkari urged automakers to focus on vehicles running on alternative fuel. This, he said, will not only reduce pollution, but also help the industry to grow both domestically and in export markets. " Transport sector contributes to 40 per cent of air pollution. A KPMG report said that 81 per cent of goods movement happens through roads," Gadkari said.
The fossil fuel imports will raise even after switching to electric vehicles due to the rising demand, Gadkari said. He also thanked the auto industry to have moved from BS-4 engines to BS-6 engines, adding that the government will maintain international standards and will adopt BS-7 soon.
Talking at the SIAM Annual Convention, Gadkari said that E20 fuel is an import substitute, cost effective, pollution free and indigenous. "Rs 22 lakh crore worth fossil fuel is being imported. The Prime Minister wants of producing in India," said Gadkari, adding that Rs 22 lakh crore can be added to the Indian economy through the programme.
"We decided to make ethanol from corn. This has profited farmers with Rs 45,000 crore. The rate of per quintal of corn has risen from Rs 1,200 to Rs 2,800," the minister said.
He said that this year, Uttar Pradesh and Bihar have produced three times more corn this year and added that India has a surplus of rice and wheat as well.
Focus on alternate and biofuel
Gadkari urged automakers to focus on vehicles running on alternative fuel. This, he said, will not only reduce pollution, but also help the industry to grow both domestically and in export markets. " Transport sector contributes to 40 per cent of air pollution. A KPMG report said that 81 per cent of goods movement happens through roads," Gadkari said.
The fossil fuel imports will raise even after switching to electric vehicles due to the rising demand, Gadkari said. He also thanked the auto industry to have moved from BS-4 engines to BS-6 engines, adding that the government will maintain international standards and will adopt BS-7 soon.
You may also like
Charlie Kirk assassination: Will Donald Trump revoke visas of foreigners who mocked ally's death? What he said
US, China using TikTok vs Soybeans as bait amid Madrid Summit
His brilliance left indelible mark: PM Modi's tribute to Sir M Visvesvaraya on Engineers' Day
"This achievement is symbol of our players' hard work": Uttarakhand CM Dhami congratulates Women's Hockey team on Asia cup silver medal
Neetu Kapoor wishes her 'sunshine' Riddhima Kapoor Sahni on birthday