India
oi-Ashutosh Tiwari
The ‘TaxIndiaOnline’ portal organized the TIOL Awards 2022 event on Tuesday, in which Union Minister for Transport Nitin Gadkari also participated. During this, he praised former Prime Minister Dr. Manmohan Singh fiercely. According to Gadkari, the country is indebted to Dr. Singh for economic reforms. India needs a liberal economic policy with the intention of providing its benefits to the poor people.
Gadkari further said that in 1991, when Dr. Singh was the Finance Minister, the economic reforms carried out by him gave a new direction to India. This led to the beginning of a liberal economy. Because of this the country is indebted to them. Gadkari also shared an anecdote from the 1990s. He told that he was the minister of Maharashtra at that time. He was successful in raising funds to build a road there. He also said that China is a good example of how liberal economic policy can help in the development of any country. If economic growth is to be accelerated, the country will need more capital expenditure investment. According to the Union Minister, at present, NHAI is also raising funds for the construction of highways from the common man.
Gadkari told that his ministry is constructing 26 green expressways and the special thing is that he has no shortage of money. NHAI’s toll revenue will be Rs 1.40 lakh crore by the end of 2024, from Rs 40,000 crore per annum now.
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At the same time, in another program, Gadkari claimed that soon the government will build a road from stubble. He said that we have made Bio-CNG and LNG from stubble, which can run tractors and buses. IndianOil has built a big project in Panipat. There, 1 lakh liters of ethanol and 150 tonnes of bio-bitumen are being produced daily from stubble. We will use this bitumen for road construction.
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english summary
Nitin Gadkari says India indebted to Manmohan Singh for economic reforms
Story first published: Wednesday, November 9, 2022, 0:06 [IST]
