India plans to shift to a gas-based economy by boosting domestic production and buying cheap liquefied natural gas (LNG) as the world's third-biggest oil importer seeks to curb its greenhouse emissions, oil minister Dharmendra Pradhan said.
New Delhi has promised to shave a third off its emissions rate by 2030, partly by boosting the use of cleaner burning fuels.
"Gradually we are shifting towards a sustainable gas economy," Pradhan told Reuters in an interview.
The government plans to revive state-run cement factories across the country, a move that could substantially bring down road and housing construction costs besides giving a push to the stressed infrastructure sector.
Road transport and highways minister Nitin Gadkari said the aim is to bring down the cost of cement to make the projects financially more viable.
"We are working on a plan to revive state-run shut cement factories," he said, adding that his ministry has sought d ..
The government is expecting investments worth Rs 25 lakh crore over the next 3 years in the roads, railway and shipping infrastructure that includes setting up of 27 industrial clusters at ports at around Rs 8 lakh crore, Union Minister Nitin Gadkari said today.
"We are committed to overhaul country's infrastructure and gradually working towards achieving this. We plan to spend Rs 25 lakh crore in our highways and shipping sector which includes setting up of 27 industrial clusters ne ..