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Sunday
November 2018
1:57 PM IST
News Headlines
India in Australia: Kohli promises to not start arguments, only finish them        At Least Two Killed, Eight Injured In Blast In Karachi        Centre's New Move May Escalate Feud With RBI Ahead Of Board Meet: Report        'Gaja' crosses coast, rainfall pounds TN, 22 dead        Sabarimala board to move SC, buy time to implement order        Sabarimala board to move SC, buy time to implement order        Sindhu crashes out; Srikanth, Sameer enter quarterfinals of Hong Kong Open        No more chopping and changing till World Cup: Ravi Shastri        Air India eyes Rs 800 cr from sale of over 70 properties        Intel India opens design house costing Rs 1,100 cr at B'luru        US, China see rival visions for entwined Asia-Pacific region        Imran Khan to visit Malaysia next week; likely to seek monetary aid        EC removes Mizoram chief electoral officer after protests        Lankesh murder accused sent to SIT custody in Pansare case        Agri sector needs long-term solutions, loan waiver temporary: Naidu        Top India, China officials hold defence, security dialogue, agree to step up military exchanges        Jailed Om Prakash Chautala Expels Older Son For "Anti-Party Activities"        ISRO Launches Communication Satellite, Has 'Geo-Eye' To Monitor India        US Vice President Mike Pence takes Myanmar’s Aung San Suu Kyi to task over treatment of Rohingya        Sri Lankan Parliament passes no-trust vote against Rajapaksa        
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Business News
Gadkari pitches for alternate fuels; says govt not against petrol, diesel
 
New Delhi, Sep 5 (PTI) Transport Minister Nitin Gadkari Wednesday pitched for alternative fuels such as ethanol and methanol along with electric vehicles, reiterating that the government's policy is to reduce import, enhance exports and curb pollution.

The minister, who had last year 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.

"Our policy is very clear. We want to reduce imports, increase exports and finish pollution," he said at the annual convention of the Automotive Component Manufacturers Association of India (ACMA) here.

Stating that India is facing two major issues -- pollution and rising imports of fuels -- Gadkari said, "Import bill is increasing due to the rise in automobile sector. This is the biggest challenge facing our economy and for that we have come out with a programme.."

He said a policy for import substitution would be prepared.

"Alternative fuels is necessary for us," he said, adding there was a huge potential that can be be tapped from bio-products such as molasses, cotton straw, biomass and corn to produce ethanol which can be used as automotive fuel.

Gadkari, however, added that "alternate fuels cannot progress without your support".

Seeking to address concerns in the automotive industry over the future of conventional fuels, he said, "I am not against petrol, diesel and we are not closing any industry..."

Appreciating the "change in the mindset" of auto industry, the minister said the government has already made clear its priority areas to the industry and cited example of how GST on electric vehicles was reduced to promote eco-friendly technology and combat pollution.

Stating that his ministry has decided on a pilot project to run methanol-powered buses on the Mumbai-Pune route as well as in Guwahati, Gadkari asked the private sector to participate in the adoption of alternate fuels.

He also asked the auto industry to use waterways for logistics to trim cost and lower pollution, which in turn will contribute to the growth of the economy.


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KERALA NEWS
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INTERNATIONAL NEWS
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 (KARACHI, Nov17, 2018): A bomb killed at least two people and wounded eight others in Pakista
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Imran Khan to visit Malaysia next week; likely to seek monetary aid
US Vice President Mike Pence takes Myanmar’s Aung San Suu Kyi to task over treatment of Rohingya
NATIONAL NEWS
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 (Chennai, Nov17, 2018): Cyclone Gaja ripped through Nagapattinam early Friday uprooting trees
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