Union minister for transport Nitin Gadkari has said that there is need to move towards alternative fuels such as methanol, ethanol, bio- fuels and electric as it will help to reduce reliance on fossil fuels costs less.
Gadkari has pointed out that India’s crude oil import bill is of Rs 7 lakh crore and this cost is creating big economic problems for the country and at the same time, the use of fossil fuels are creating pollution. He also said that as there is a lot of agriculture raw material waste, there is a need to convert it into energy through waste and move towards the alternative fuels. He said “the prime minister has already declared that by 2022, we will have to reduce the import bill of crude oil by 10 percent.
The minister further said that if bio mass projects are set up in the rural areas, it will create a lot of employment and people will not have to move towards the cities. It also noted that since all these raw material needed to make the bio fuels are available in the rural areas, the social economic scenario will also change. He stated that excepting some states, the public transport is facing losses. He added “so we need to convert the public transport on to electric or to ethanol.”
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