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One Nation, One Gas Grid: What Are Economic Advantages Of Kochi-Mangaluru GAIL Pipeline | 5 Points
Modi government's flagship 'One Nation One Gas Grid' scheme is aimed to bring a paradigm shift in country's gas-based economy. Here's why the project is a must to achieve self-reliant India.
In an important milestone towards the creation of ‘One Nation One Gas Grid', Prime Minister Narendra Modi on Tuesday inaugurated the natural gas pipeline from Kerala’s Kochi to Mangaluru in Karnataka and said the project will have a positive impact on the economic growth in the two southern states. ALSO READ | Ready To Rollout Covid-19 Vaccine Within 10 Days From Date Of Emergency Use Approval: Health Ministry
Addressing the Nation through a video conference today, the Prime Minister termed this day as an important milestone for both the people of Kerala and Karnataka as the two states are being connected by a natural gas pipeline. He said rapid expansion of Gas based economy is a must to achieve self reliant India and cited this as the reason behind Government’s push for ‘One Nation One Gas Grid’.
The Prime Minister said that the Government plans to achieve 'One Nation One Gas Grid' and to shift to a gas-based economy as this gas has several environmental benefits. He said the Government is taking policy initiatives to increase the share of natural gas in India's energy basket from 6 Percent to 15 Percent.
"Dedication of the Kochi-Mangaluru natural gas pipeline of GAIL is part of our journey to move towards One Nation One Gas Grid. Clean energy is important for a better future. This pipeline will help improve clean energy access," said the Prime Minister
How will the pipeline have a positive impact on economic growth of Kerala & Karnataka?
The pipeline would improve the ease of living in both the states and reduce the expenses of the poor, middle class and entrepreneurs of both the states. The pipeline would become the base of the Gas Distribution System in many cities and would form the base of the CNG based transport system in these cities. The pipeline would provide clean energy to Mangalore Refinery and would play a major role in reducing the pollution in both the states. Less pollution and clean air will have a direct impact on the environment as would attract more tourists to the city. Construction of this pipeline has generated 1.2 million man days of employment and would develop a new ecosystem of employment and self-employment after its commissioning which would help the fertilizer, petrochemical and power sector. It will also help India in saving thousands of crores of Foreign exchange for the country. ALSO READ | Union Budget 2021 Likely To Be Presented On Feb 1, Budget Session Of Parliament From Jan 29: Report
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