Now Reading: GOBARdhan scheme aims to save USD 5 billion in gas imports
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GOBARdhan scheme aims to save USD 5 billion in gas imports
The central government’s recently approved GOBARdhan scheme, with a budget of Rs 23,731 crore, aims to cut India’s natural gas import bill by USD 5 billion and reduce fertiliser imports by USD…
The Story in Brief
The central government’s recently approved GOBARdhan scheme, with a budget of Rs 23,731 crore, aims to cut India’s natural gas import bill by USD 5 billion and reduce fertiliser imports by USD 1 billion, according to an opinion piece by Gaurav Kedia, chairman of the Indian Biogas Association, published on Times Now News. The scheme also promises rural employment, better soil health, and lower air pollution from crop burning.
Kedia argues that the scheme is a strategic investment, not a public expense. However, his projections assume 1,500 fully functional compressed biogas plants, a target yet to be achieved. The article also contains arithmetic errors: it converts USD 5 billion to Rs 40 lakh crore, when the correct figure is about Rs 42,000 crore at current exchange rates.
The Indian Opinion
The GOBARdhan scheme is being sold as a miracle fix for imports, rural jobs, and air quality, all at once. But the article making these claims is written by the chairman of the Indian Biogas Association, an interested party. And the numbers do not add up: USD 5 billion is about Rs 42,000 crore, not Rs 40 lakh crore as stated. The real test will be how many of the promised 1,500 compressed biogas plants actually become operational and deliver savings, not just projections.
Source: timesnownews.com
This story was synthesised by AI from the source linked above.
