Diesel Current Affairs, GK & News
On May 4, 2021, the Union Minister of Petroleum Shri Dharmendra Pradhan flagged off the first supply of used cooking oil-based biodiesel. It was launched under the Expression of Interests Scheme. Expression of Interest Scheme It was launched in 2019. It was launched for the procurement of bio diesel produced from used cooking oil. It ..
Month: Current Affairs - May, 2021
Category: Environment Current Affairs
The Petroleum Planning and Analysis Cell operating under Ministry of Petroleum recently released a report on petroleum consumption of India. According to the report, fuel consumption of the country reduced by 9.1% in the year 2020-21 as compared to that of the previous year. This is the first time the petroleum consumption contracted to the ..
Category: Reports & Indexes Current Affairs
The two-auto industry executes have recently highlighted that the Maruti Suzuki India Ltd will gain most from a government proposal to levy a green tax on petrol and diesel vehicles. Highlights Maruti is India’s top carmaker and has the largest portfolio of compressed natural gas (CNG) vehicles among all the domestic automakers. The Suzuki Motor ..
The Union Budget has made the following changes to its hydrocarbon policy for better revenue realization- The Union Budget 2019 has raised the excise duty and the road & infrastructure cess on the auto fuel by Rs 2 each. This will raise an additional Rs 28,000 crores for the Indian government. The Import of petrol ..