India needs to reduce imports and increase  exports to become 3rd-largest...

Key Highlights

• “By utilising agro-waste, it reduces pollution caused by crop burning and strengthens the circular economy.
• “With 15 per cent blending, India can save nearly USD 4,500 crore in foreign exchange and substantially reduce its dependence on imported crude oil,” Gadkari said.
• The minister said that India, which is the fourth largest economy in the world, will have to reduce its imports and increase exports to become the third-largest.
• “If the country wants to become the third-largest economy in the world, then it will have to reduce imports and increase exports,” the road minister said.
• Gadkari further said that India is the first in the world to commercially produce bio-bitumen.