Rise in petrol prices agitating people: Nitin Gadkari
NAGPUR/NEW DELHI: Road transport minister Nitin Gadkari inaugurated the country’s first commercial liquified natural gas (LNG) filling station in Nagpur on Sunday and said more use of alternate fuels such as LNG, CNG or ethanol would bring respite from surging petrol prices, which are now “agitating” people.
Gadkari said the use of ethanol as vehicle fuel would help save at least Rs 20 per litre despite its lower calorific value compared to petrol. His ministry is likely to announce a policy for flex-fuel engines soon, which will encourage automobile manufacturers to produce them. These engines can run on more than one fuel and also a mixture of fuels.
The minister said indigenous fuels such as ethanol, methanol and bio-CNG would give tough competition to imported crude oil and that’s the only way to get the best price for consumers.
Gadkari said he had urged the go nment to privatise the petroleum and natural gas sector, which has already been opened up. Last year, the petroleum ministry simplified guidelines for authorisation for bulk and retail marketing of petrol and diesel. This was done to increase private sector participation in the marketing of petrol and diesel.
“Now, we have invited all private companies, including PSUs, in the field. Even you can import LNG,” he said, adding the clean fuel has a great future in the country. LNG is emerging as the most preferred fuel for long-haul transport across the globe.
“In our economy, we are spending Rs 8 lakh crore for the import of petrol, diesel and petroleum products which is a big challenge… Being a nationalist I want that our import should reduce and export must increase.”
Watch these "nationalists" destroy India. Piece by piece, bit by bit, they will blow up our economy to shreds.
Bring Congress back.
No way. Khangress is dead
Congress is the future of the country.
India is Sick and Agitated with Modi-Shah and BJP.
Remove them from power. Then everything will be fine.
BJP Nationalist aka Gujju chors have sold Indian industries to private players.
Bring back congress
This statement is some cruel joke on Indians. First we converted to diesel cars. Then u made diesel 97 rupees. Then you said move to CNG vehicles. Now you are saying LNG. Stop this rubbish talk.
Sir, pls spare us ur wisdom now!! Every truck owner should spend 10 lakhs to convert each vehicle to LNG?? Which drug are you on??
Kick out BJP. ENOUGH IS ENOUGH.
BjP-selling everything to private players .. their big corporate freinds are making money while poor indians are left without food... shame shame..
Soon he will tell us to run our vehicles on go barr and cow excreta.
God help India. With these morons in power....
if your govt is really concerned about citizens then stop milking them in name of taxes. all state and central go nments are draining the wallets of people in name of taxes. the actual price of the fuel is just 38 to 40% max the rest is all taxes and surcharges..
如果印度政府真的关心人民，那就停止以税收的名义压榨他们。印度政府和地方上的邦政府都在以税收的名义掏空人们的钱包。燃料的实际价格只占38 - 40%，其余的都是税和附加费。
no point telling Indians anything, they are born to cry
So, Is your Govt leaving CNG/PNG insulated from price rise? Prices of CNG have also been increasing ...don't fool people.
The go nment must go all out to reveal the real cause of oil price rise. The oil bonds issued by corrupt to the core Congress led by the out on bail Italian during the UPA misrule are being paid back by the current go nment.
International crude prices are falling for over two weeks and, yet ironically oil prices are rising and unrelenting in India.
The fuel price rise is due to those exorbitant taxes levied by Modi Govt and State Govt's. We are cheated by these greedy Govt's.
Shailendra Mumbai Pune
Modi thug has to be removed once for all. He is not even bothered to address this issue. Petrol prices have reached Rs. 110. Considering the current international rates, it should not be more than Rs. 70.
Once there was a PM who procured crude oil at $118/barrel but never allowed petroleum companies to sale petrol more than Rs.75-80/ltr. And under the great vikaspurush Petrol price is Rs.110/ltr while purchase rate is only $48/bbl.
Humble request to PM, please hike the fuel prices and that of all essential commodities to your mamum in a single stroke . Why to make mockery of hike on daily basis.