The Union Cabinet has approved a Rs 37,500 crore scheme to expand surface coal and lignite gasification projects. The plan targets gasifying about 75 million tonnes of coal and is expected to pull in investments of up to Rs 3 lakh crore, with Union Minister Ashwini Vaishnaw highlighting reduced import dependence as a key goal.
Commerce Minister Piyush Goyal calls global disruption a wake up call for India to reduce import dependence. He urges domestic industry to boost productivity and make sharper use of trade agreements, arguing that self reliance will strengthen the economy. He also flags electric vehicles and advanced technologies like AI as major growth opportunities for India to emerge stronger.
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India’s Petroleum Ministry says fuel and LPG supplies are stable despite global disruptions, citing secure crude oil inventories and refineries operating at peak capacity. It reports no nationwide fuel shortages. Still, the government is urging households to cut energy use by using public transport, carpooling, and shifting toward electric vehicles to reduce costs and import dependence.
India’s LPG consumption fell 13% in March, driven by West Asia conflict-related supply disruptions. While the government pushed to strengthen domestic production and support household demand, commercial and bulk LPG sales dropped sharply. Still, for the fiscal year ending March 2026, total LPG consumption rose about 6%, highlighting how short-term disruption contrasted with longer-term demand.
Union minister Nitin Gadkari urged India to build stronger post-harvest infrastructure, warning that surplus production will depress farm prices without cold storage, processing plants, and value-addition facilities. He also floated a bigger vision of farmers as future energy providers to cut import dependence, tying energy security to agricultural output and better supply chains.
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