Page 16 - Nitin Gadkari

Gadkari bats for small units, new technology to reduce prices of houses

Union Minister Nitin Gadkari on Friday said shifting focus from large size homes to small units, use of new technologies and construction methods as well as application of innovative construction material will significantly help in reducing the cost of homes. Addressing the 40th Annual General Meeting of the Confederation of Real Estate Developers of India (Credai) Pune Metro, he said there was need for decentralization from 'smart cities' to 'smart villages' that can be connected to cities with an efficient road network. A miniscule percentage of the country's people can afford houses with price tags of Rs 1 crore or more and the country's masses should be at the centre of approach to housing construction, a release quoted Gadkari as saying. He cited examples of how cost of construction for infrastructure projects was reduced by his ministry by applying innovative construction technology and materials, adding the same concepts can be extended to housing construction to reduce price

Strong domestic EV play and JLR sales positives for Tata Motors stock

A key factor is that JLR reported increased sales for Q1FY24 reflecting continuing improvement in chip and other supply constraints

Fuel for thought

Mr Gadkari's statement reflects a valid policy concern

Govt not planning to levy any tax on diesel vehicles: Nitin Gadkari

Seeking to clarify his remarks on taxation of diesel vehicles, Union minister Nitin Gadkari on Thursday said that he wanted to convey to automobile manufacturers to take steps to reduce pollution, and also added that there is no proposal to levy tax on such vehicles. Earlier this week, the road, transport and highway minister's remarks regarding the need to levy 10 per cent tax on diesel-run vehicles to help cut emissions had generated lots of controversy. "I am not against diesel fuel and neither we are going to levy any tax on diesel vehicles," Gadkari told CNBC-TV18. The road transport and highways minister noted that from the pollution point of view, diesel is very hazardous and it is really causing health problem in the country. Gadkari emphasised that he is not against any industry and pointed out that the government is already giving incentives for electric cars. "So my suggestion to the industry is that best way to (reduce pollution) is to concentrate on alternative fuel,"

Auto dealers should open vehicle scrapping units, says Nitin Gadkari

The minister said the government was actively promoting a circular economy, and the government will grant permission to dealers to start vehicle scrapping facilities

Auto dealers should also open vehicle scrapping facilities: Nitin Gadkari

Union Road Transport and Highways Minister Nitin Gadkari on Thursday said dealers of automobiles should also open vehicle scrapping facilities. Addressing the fifth Auto Retail Conclave, Gadkari said the government is encouraging a circular economy, and accordingly the government will give permission to dealers to start vehicle scrapping facilities. He also noted that India is encouraging use of alternate fuel and biofuel and pointed out that the government is working to make India the largest manufacturer of green hydrogen. The minister pointed out that India is the fastest growing major economy in the world and auto dealers will play an important role in making India a USD 5 trillion economy. India is the fourth largest manufacturer of passenger vehicles and the sixth largest manufacturer of commercial vehicles, he said. Gadkari said his dream is to make India the top automobile hub in the world.

Centre will not make six airbags mandatory for cars: Nitin Gadkari

No deadline for BS7 implementation but industry should make the transition

Centre working on developing electric highways, says Nitin Gadkari

The government is working on developing electric highways as it is economically viable, Union Road Transport and Highways Minister Nitin Gadkari said on Wednesday. Gadkari has earlier said that making India's first electric highway between Delhi and Jaipur is his dream. "My idea about the electric highway is that NHAI will give right of way...Today, I had a discussion with the Power Ministry, I am trying to get electricity at the rate of Rs 3.50 per unit, otherwise, the commercial power rate is Rs 11 per unit," Gadkari said at the ACMA annual session here. The minister noted that it is easy for the power ministry to give electricity to a government company at a cheaper rate. "Electric highway is very very economically viable...I will give all the rights to private sector investors who are going to invest (in the electric highway project)," he added. Gadkari further said that electric cable construction will be executed by private investors and NHAI will charge an electric tariff j

Centre will not make six airbags mandatory for cars: Nitin Gadkari

In September 2022, the road ministry said that six airbags will be mandatory for cars in India from October

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Nitin Gadkari moots extra 10% GST on diesel vehicles, then clears air

Stocks of auto companies take a hit

Alternative fuels to take center stage in the India's mobility sector

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Auto index hits speed bump, loses 1.8% after Nitin Gadkari's flip-flop

Tata Motors, Mahindra & Mahindra and Ashok Leyland fell 2.19 per cent, 1.55 per cent and 2.68 per cent, respectively

Reports of extra 10% GST on diesel cars false, says Union Minister Gadkari

Nitin Gadkari said that it is essential to clarify that there is no such proposal currently under active consideration by the government

Govt mulls additional 10% tax on diesel engine vehicles to reduce pollution

Gadkari said the contribution of diesel cars has already come down drastically in the country and the manufacturers need to stop selling them in the market

Bengaluru-Chennai express highway to start by Jan 2024, says Nitin Gadkari

Earlier, in July, Nitin Gadkari said that the central government has set a provisional target for the construction of about 13,800 kilometre National Highways (NHs) in 2023-24

Hydrogen futuristic fuel, MP to become leading state in production: Gadkari

Union minister Nitin Gadkari on Wednesday termed hydrogen as "futuristic" fuel and said Madhya Pradesh will become the top state in green hydrogen production like it is in the field of agriculture under the BJP rule. Addressing a public meeting while flagging off Jan Ashirward Yatra in Khandwa, Gadkari congratulated Madhya Pradesh Chief Minister Shivraj Singh Chouhan in view of the state holding the top position in the country in agriculture production for seven times on the trot. The BJP has planned yatras to reach out to people ahead of assembly elections, due later this year. The state is producing thermal, hydro, wind and solar power in a major way in the country. An electrolyser can be set up near the solar power facility to produce green hydrogen from water and I am confident that like agriculture, Madhya Pradesh will remain top in producing green hydrogen in the country which is futuristic fuel, he said. The Minister of Road Transport & Highways also said farmers would not .

Prepare for immediate execution of Rs 3 trn projects: Gadkari to officials

Road, transport and highway minister Nitin Gadkari on Monday directed the officials of his ministry, including those of NHAI and NHIDCL, to prepare a road map for up to Rs 3 lakh-crore projects for immediate execution. The minister also warned the officials of action in case of any delay in execution of projects and fixing issues related to them. The direction came after the Union minister of road, transport and highways (MoRTH) reviewed the performance of the regional officers of the ministry as well as projects carried out by National Highways Authority of India (NHAI) and National Highways & Infrastructure Development Corporation Ltd (NHIDCL) in the national capital. Keeping a close coordination and cooperation with each other, prepare proposals of land acquisition and come up with projects worth Rs 2 to 3 lakh crore in build operate and transfer (BOT) mode and Hybrid Annuity Mode (HAM) immediately, Gadkari told the officers. Give approvals to projects and try to start them ...

Nitin Gadkari unveils world's first BS-VI 100% ethanol-powered car

Toyota Innova HyCross runs on 100% ethanol

Farmers to be 'urja daata' as demand for ethanol to grow in India: Gadkari

Increased demand for ethanol for blending with petrol and diesel will change the agriculture economy of India making farmers "urja daata", Union Minister Nitin Gadkari said on Tuesday while launching the world's first BS 6 (stage II) electrified flex fuel-based vehicle, which can run on ethanol blends of beyond 20 per cent. Compared to the higher contribution of the manufacturing and services sectors, the agriculture and allied industry's contribution to India's GDP is only 12 per cent while 65 per cent of the population is dependent on agriculture, the minister for road transport and highways said. The ethanol industry is a boon for farmers. The demand for ethanol will grow in the country. It will change the agriculture economy of India. "Our farmers will not only just be ann daata (food giver) but urja daata (energy provider)," he said. Gadkari exuded confidence that with the demand for ethanol, the share of agriculture to the GDP will also grow. "I am very happy that the day the