Union Minister Nitin Gadkari on Friday justified the thrice hike in fuel prices in the last four days, saying the ongoing war between Russia and Ukraine has led to a rise in oil prices in the international market and the situation is in the hands of the Indian government. is out of control.
Road Transport and Highways Minister Gadkari was asked about the hike in petrol and diesel prices at an event, he said, “80 percent of oil is imported in India. Oil prices have gone up in the international market amid the Russo-Ukraine war and there is nothing we can do about it.
Also read- Nitin Gadkari gave big information, drivers beware, big news regarding traffic challan
Also Read: Mileage Ka Baap! This great scooter will run 285KM, the tension of expensive petrol ends
The Minister said that we have been emphasizing on making India self-reliant since 2004, “with which we need to make our own fuel, emphasizing on the need to develop indigenous energy generation capabilities.” Prices were hiked by 80 paise per liter on Friday, the third increase in four days.
Price of electric vehicle will be equal to petrol and diesel vehicles in 2 years
Earlier, recently, Nitit Gadkari had also told that due to rapid changes in technology and green fuel, the price of electric vehicles (EV) will come down and in the next two years their price will be comparable to that of petrol-diesel-powered vehicles. will be equal. Gadkari also said that there is a need to pay more attention to economical and made in India fuel. He also expressed hope that such fuel would soon become a reality and pollution would be controlled.
Also read- Big news regarding Driving License, Transport Department has taken a big decision, these people will be affected
Also read- Take home the popular WagonR CNG for just 20000, know how much EMI will be made
The Union Minister asked the MPs to take initiative for the production of Green Hydrogen by using sewage water in their Parliamentary Constituencies. He said hydrogen would soon be the cheapest alternative fuel. Gadkari said that the price of electric vehicles will come down within at most two years and in the next two years their price will be at par with the vehicles running on petrol and diesel.