Gadkari's Green Vision: Slashing GST On Hybrids, Aiming To Eliminate Petrol And Diesel Vehicles, Here's All About It

Union Minister Nitin Gadkari aims to transition India into a green economy by reducing GST on hybrid vehicles and eliminating the country's reliance on over 36 crore petrol and diesel vehicles.

Gadkari expressed confidence in achieving this ambitious goal, stating, "It is difficult but not impossible. This is my vision" as per a report by The Economic Times.

He emphasised the economic benefits of such a transition, highlighting that India currently spends Rs 16 lakh crore on fuel imports. By shifting to green mobility, this money could be redirected towards improving the lives of farmers, boosting rural prosperity, and creating employment opportunities for the youth.

Gadkari's proposal to lower GST on hybrid vehicles to five per cent and 12 per cent for flex engines is under consideration by the Finance Ministry. He believes that promoting biofuels can help India become self-sufficient in energy, eliminating the need for fuel imports.

Gadkari has been advocating for alternative fuels since 2004 and remains optimistic about the future.

He believes that the increasing adoption of electric vehicles indicates a shift towards alternative and biofuels. Companies like Bajaj, TVS, and Hero are planning to manufacture motorcycles with flex engines, while auto rickshaws with similar technology are also in development.

Gadkari pointed out that hydrogen-powered cars, electric vehicles, and trucks running on bio-CNG are already in use, signalling a revolution in the automotive sector. He envisions a self-reliant India, free from fuel imports, and remains steadfast in his belief in this transformative journey.