The automobile industry was in fear that the government may ban petrol, diesel vehicles, which will cause them a huge loss. But, Union Minister Nitin Gadkari made it clear that at the moment government will not ban them.
In the Lok Sabha session held yesterday, he said, “Automobile industry must make the transition to cleaner sources of fuel at the earliest.”
Gadkari stressed that the Automobile industry has contributed to India’s exports and employment. He also emphasised that switch must happen at the earliest and (manufacturers must) move to electric, biofuel.
Gadkari said the automobile industry, which is worth Rs 2.45 lakh crore, should move to adopt cleaner sources of fuel as pollution remains a pressing issue for the country.
Recently, TVS Motor Company launched India’s first ethanol motorcycle, which will increase demand for Ethanol. The Central Government has the vision to achieve 20 per cent ethanol blending with petrol by 2030.
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