Ahead of a key meeting of ministers to discuss the falling rupee and the nation's widening trade deficit, transport minister Nitin Gadkari said India is facing an "economic crisis" due to its huge oil imports. India, the world's third biggest oil importer, depends on overseas markets to meet 80 per cent of its oil needs.
from Times of India https://timesofindia.indiatimes.com/business/india-business/india-facing-economic-crisis-says-nitin-gadkari-blaming-huge-oil-imports/articleshow/66066757.cms
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