Nitin Gadkari, the Union Minister, shared his vision of India gaining a fresh wave of independence through the cessation of petrol and diesel imports. He has been cited by PTI as suggesting that this move could be a strategic step in the broader effort to tackle terrorism globally.
Mr. Gadkari has pointed out India’s hefty ₹16 lakh crore bill on oil imports. Advocating for a strategic pivot to alternative energy, he proposes reinvesting these funds into society’s less privileged layers. His push for renewable resources is a consistent thread in his vision for India’s sustainable and autonomous future.
The minister has stressed the importance of reducing oil imports for both economic growth and national integrity. He envisions the current foreign oil expenses being redirected towards public welfare initiatives. Mr. Gadkari’s support for biofuel is part of a broader strategy to fortify national self-sufficiency.
On the automotive industry’s growth, Mr. Gadkari has lauded its valuation jump from ₹7 lakh crore to ₹12.5 lakh crore within a decade, underscoring its role in job creation and tax revenue. He is confident that India will soon lead the world in auto manufacturing and export, driving towards a $5 trillion economy. This confidence is bolstered by India’s recent ascendancy to the third rank in global auto exports, surpassing economic giants like Japan.
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