Union Minister Nitin Gadkari is pushing for significant changes in India's transportation landscape, aiming to propel the country towards a greener economy. His ambitious plans include slashing the Goods and Services Tax (GST) on hybrid vehicles and ultimately phasing out the staggering number of over 36 crore petrol and diesel vehicles nationwide.
Gadkari, who oversees the Ministry of Road Transport and Highways, expressed unwavering determination when questioned about the feasibility of eliminating petrol and diesel cars entirely, stating, "One hundred per cent." He emphasized the colossal amount of Rs 16 lakh crore spent annually on fuel imports, envisioning redirecting these funds towards uplifting farmers' livelihoods, fostering prosperity in rural areas, and generating employment opportunities for the youth.
While acknowledging the enormity of this endeavor, Gadkari refrained from specifying a timeline for its realization. However, he has forwarded proposals to the Finance Ministry to reduce GST rates on hybrid vehicles to five per cent and flex engines to 12 per cent, awaiting their deliberation.
Gadkari remains optimistic about India's potential to curtail fuel imports by promoting biofuels. He champions the transition towards alternative fuels, aiming to mitigate environmental impact and foster sustainable mobility. Environmental activists, while applauding Gadkari's vision, underscored the necessity of concurrently transitioning to renewable energy sources to combat climate change effectively.
Having advocated for alternative fuels since 2004, Gadkari believes in the imminent transformation, foreseeing a future dominated by electric and biofuel-powered vehicles. He cited initiatives by leading automotive companies like Bajaj, TVS, and Hero to adopt flex engine technology in manufacturing motorcycles, alongside the emergence of auto rickshaws with similar advancements.
Gadkari highlighted recent strides in alternative fuel technologies, citing examples of hydrogen-powered cars and trucks introduced by major manufacturers like Tatas and Ashok Leyland, as well as the proliferation of bio-CNG factories nationwide.
Expressing confidence in India's self-reliance and heralding a forthcoming revolution in the transportation sector, Gadkari reiterated his commitment to realizing an "Atmanirbhar Bharat" (self-reliant India). He remains steadfast in his belief that the country's dependence on fuel imports will cease, paving the way for a sustainable and prosperous future.
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