Modi pledges to make India energy independent by 2047, cites fuel bill

Prime Minister's comments in Independence Day speech came a few months before India is projected to miss a goal to cut crude oil import dependence by 2022

Prime Minister Narendra Modi on Sunday announced a new target of making India an ‘Energy Independent’ nation by the time the country reaches 100 years of India’s independence, in 2047.

Addressing the nation from the Red Fort during the annual Independence Day address, Modi lamented that India is not energy independent today. “India today spends more than Rs 12 trillion annually on energy import. For India's progress, the country's energy independence is the need of the hour--necessary to make a self-reliant India. Therefore, today India has to take a resolution that will become energy independent before the completion of 100