Gadkari told the media gathering that the repeal of Article 370 and the re-organisation of Jammu & Kashmir has opened a new chapter of development in the region and will put an end to terrorism.
“We are trying to promote e-vehicles. GST on e-vehicles has been reduced from 12 to 5 percent. We are incentivising ethanol making from sugar, maze etc. because it is import-substituting, cost-effective and pollution-free. We import 7 lakh crore worth of petroleum products. Using ethanol will save 40,000 crore rupees. Recently, a bike run on ethanol was inaugurated, soon we will try running autos and buses too on ethanol,” he added.
The Minister said that the banking sector will become stronger after capital infusion of Rs. 70,000 crore. The Minister further said that 1.5 crore people will benefit from Pradhan Mantri Laghu Vyapari Pension Yojana, which provides 3000 rupees pension for small and marginal traders and shopkeepers after 60 years of age.
Speaking on PM Kisan Samman Nidhi Yojana, the Minister said, “8,955 crore rupees have been given to farmers in the first 100 days of the government”.
The minister also inaugurated the exhibition put up by Regional outreach Bureau, Pune on the occasion of completion of 100 days of the government.