What steps are being taken to save foreign exchange outflows in India

1. The Indian government has introduced a new initiative to allow the blending of bio-bitumen in road construction. 2. Bio-bitumen is derived from renewable sources and can be mixed with traditional bitumen to reduce the country's reliance on imported bitumen, thus saving foreign exchange. 3. This move is aimed at promoting sustainable infrastructure development while also reducing the outflow of foreign exchange. 4. By encouraging the use of bio-bitumen in road projects, the government is actively working towards achieving self-sufficiency in bitumen production. 5. This initiative aligns with the government's larger goal of reducing import dependency and promoting domestic industry to boost the economy.