Business & Economy

The government orders, car manufacturers must produce flex-fuel engines?

As per the statement of Nitin Gadkari,our union minister for roads, transport and highways – the government had planned to make it compulsory for car manufacturers to produce flex-fuel engines after obtaining the necessary permissions from the supreme court of India.

Flexible fuel vehicles (FFVs) consist of internal combustion engine which can run on both petrol/diesel including any combination of gasoline and ethanol. We can find these vehicles are well used in foreign countries like Brazil, France, Sweden and Germany.

In order to reduce the cost and pollution, the government aim’s to push green energy sources like  ethanol, Gadkari mentioned in the PHDCCI annual general sessions.

He also added, “Today our ethanol economy (industry) is worth Rs.40,000 Crore. we want to make this into  Rs.2 lakh crore industry in the near future.”

LNG, bio-fuel and green hydrogen seems to be a blessing for Indian Industries to cut down the cost of logistics and power.

This will also be helpful for the country to reduce import bill on purchase of petrol, diesel and gas which costs nearly Rs.12 lakh crore annually, by embracing green energy.

According to sources, motion plans has been set by the Union Minister for roads, transport and highways with a motive to reduce pollution levels in India’s capital city, New Delhi.

The minister also said that new infrastructure is being developed in the form of new highways including Delhi-Meerut highway, Delhi-Mumbai green corridor, and peripheral road for carriage goods, which will reduce logistic costs, congestion and pollution prevailing over the Capital, Mint news reported.

As per the study on the warehouses in the city they are about 17,000 and therefore the government has a plan to relocate the warehouses in the peripheral parts of the city, in order to reduce the pollution levels created due to warehouse bound traffic.

The government has decided to promote electric vehicles in India. The authorities are also working to achieve ₹15 lakh crore industry in automobile sector which could also contribute to generate employment for around 1 crore people. Hence let’s hope that this plan would bring a positive change in Indian economy.

 

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