A- A A+
Last Updated : Nov 17 2019 9:34PM     Screen Reader Access
News Highlights
Winter Session of Parliament begins tomorrow; PM says, govt ready to discuss all issues            AIMPLB to file review petition against SC verdict on Ayodhya issue            Amit Shah launches special winter-grade diesel for use in high-altitude regions of Ladakh            Gotabaya Rajapaksa wins Sri Lanka Presidential election            First-time finalists Dominic Thiem, Stefanos Tsitsipas to meet in ATP Men's summit clash           

Business News

Oct 14, 2019
2:20PM

Govt to achieve 10% blending percentage of ethanol in petrol by 2022, to boost farm economy says Petroleum Minister

AIR Pics
India is expected to get 58 billion dollar investment in the exploration and production sector by 2023. This was stated by Petroleum Minister Dharmendra Pradhan while addressing a gathering at India Energy Forum in New Delhi today.

The Minister also informed that, an estimated investment of 60 billion dollar is underway for augmenting gas infrastructure. Mr. Pradhan appealed Finance Minister Nirmala Sithraman to consider including petroleum products under GST regime.

Mr Pradhan expressed hope that natural gas and aviation turbine fuel will be brought under the Goods and Services Tax regime initially. Mr Pradhan said that the Government is pushing to achieve 10 per cent blending percentage of ethanol in petrol by 2022, which in turn will boost farm economy.

Speaking on the occasion, Finance Minister Nirmala Sitharaman has assured investors that India will honour contractual commitments under various energy agreements. Ms Sitharaman said, tax incidence has been lowered and investors should not have any concern as atmosphere to invest will be friendly. The Minister said, the government will do everything it takes to meet renewable targets as the energy sector is on the top of its priority list.

   Related News

Live Twitter Feed

Listen News

Morning News 17 (Nov) Midday News 17 (Nov) News at Nine 17 (Nov) Hourly 17 (Nov) (1800hrs)
समाचार प्रभात 17 (Nov) दोपहर समाचार 17 (Nov) समाचार संध्या 17 (Nov) प्रति घंटा समाचार 17 (Nov) (1900hrs)
Khabarnama (Mor) 17 (Nov) Khabrein(Day) 17 (Nov) Khabrein(Eve) 16 (Nov)
Aaj Savere 17 (Nov) Parikrama 17 (Nov)

Listen Programs

Market Mantra 17 (Nov) Samayki 17 (Nov) Sports Scan 17 (Nov) Spotlight/News Analysis 17 (Nov) Samachar Darshan 17 (Nov) Radio Newsreel 16 (Nov)
    Public Speak

    Country wide 7 (Nov) Surkhiyon Mein 7 (Nov) Charcha Ka Vishai Ha 13 (Nov) Vaad-Samvaad 29 (Oct) Money Talk 29 (Oct) Current Affairs 15 (Nov)