Why is it important?

♤ India’s excessive appetite for fossil fuel has an adverse impact on the environment and even on our foreign exchange reserves.

♤ Successful implementation of NEMMP will result in 2.2 – 2.5 million tones of fossil fuel savings by 2020, that’s a monetary saving of Rs 30,000 crore.

♤ It will also lower vehicular emissions and decrease carbon di-oxide emissions by 1.3% to 1.5% by 2020.

♤ The production of hybrid and electric vehicles in India is an investment that will deliver economic growth, quality jobs and a cleaner future.