India looking to cut energy import dependence, diversify imports, says PM Modi
India
Updated: Wednesday, February 17, 2021, 17:37 [IST]
New Delhi, Feb 17: Prime Minister Narendra Modi on Wednesday laid the foundation of key projects of the oil and gas sector in Tamil Nadu through video conferencing.
While addressing the event, Modi said, In 2019-2020, India imported over 85% of oil & 53% of gas to meet domestic demand. I don t want to criticize anyone but I want to say, had we focused on these projects much earlier our middle class would not be burdened. India is now increasing focus on ethanol to help farmers & consumers. We are furthering urges of solar power to become the leader in the sector & are encouraging public transport to make people s life productive & easy, he said.
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Petrol at Rs 100: PM Modi blames previous governments for not cutting import dependence
Price of petrol crossed the Rs 100 per litre mark in Rajasthan after fuel rates were hiked for the ninth day in a row.
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NEW DELHI: On a day when petrol crossed the Rs 100 mark, Prime Minister Narendra Modi on Wednesday said the middle-class would not have been burdened if the previous governments had focussed on reducing India s energy import dependence.
Without referring to the relentless increase in retail fuel prices, which are linked to international rates, he said India imported over 85 per cent of its oil needs in the 2019-20 financial year and 53 per cent of its gas requirement.