Usage of agricultural material for making chemicals can be a great game changer for the country
Union Minister for Road Transport & Highways, Shipping, Water Resources, River Development & Ganga Rejuvenation, Nitin Gadkari has said it is time for the country to go for alternative fuel sources such as ethanol, methanol and bio-diesel. Stressing on the importance of alternative fuels, the Minister said that ethanol is the future and government has decided to increase its production. The Cabinet has given approval to finance ethanol factories. The Minister said that the country needs to reduce its imports and increase exports and new initiatives for import substitution are very important and need to be supported. He emphasized that India is the fastest growing large economy and those investing in India will have a huge advantage. He said, India is doing well in technology, entrepreneurship, innovation and R & D and that a lot of new research is happening through which India can work miracles in the world. Particularly in petrochemicals, India has huge potential but we need to be cost-effective and pollution-free . He talked about the importance of ecology and environment, and highlighted that bio-plastics can be made from ethanol. Organic plastics can give a new vision for the petrochemicals industry, he said. Speaking about the importance of diversification in agriculture towards the needs of the energy and power sector, Gadkari said that new crops have to be identified. The Minister exhorted the industry to explore the possibility of using agricultural material for making chemicals, which he said can be a great game changer for the country.