What is the importance of bio-bitumen mixing in saving foreign exchange outflows
Government plans to allow up to 35% bio-bitumen mixing to save ₹10,000 crore of foreign exchange outflows.
- Using bio-bitumen mixing reduces the dependency on imported bitumen, thus saving foreign exchange outflows.
- Increased usage of bio-bitumen helps in promoting a sustainable and environmentally friendly alternative to traditional bitumen.
- It supports the government's goal of reducing carbon emissions and transitioning towards greener infrastructure development.
- The cost-effectiveness of bio-bitumen mixing can lead to significant savings in infrastructure projects.
- Reducing the reliance on imported bitumen can enhance India's self-sufficiency in road construction materials.
- This initiative aligns with the government's efforts to boost domestic industries and reduce dependency on imports.
- Overall, incorporating bio-bitumen in road construction can contribute to India's economic growth and environmental sustainability goals simultaneously.
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9 months ago