Punjab News Network

Benefits Of Ethanol Blending Are Transferred To Sugarcane Growers: Government

<p>According to Union Minister Gajendra Singh Shekhawat, the government has saved Rs 24,000 crore as a result of blending ethanol with gasoline, with the bulk of the savings going to sugarcane farmers during Thursday’s Lok Sabha session. According to him, the government intends to increase ethanol blending to 20% as requested by Prime Minister Narendra Modi, from its current level of 12%.</p>
<p><img decoding=”async” class=”alignnone wp-image-391846″ src=”https://www.theindiaprint.com/wp-content/uploads/2024/02/theindiaprint.com-benefits-of-ethanol-blending-are-transferred-to-sugarcane-growers-government-untit.jpg” alt=”theindiaprint.com benefits of ethanol blending are transferred to sugarcane growers government untit” width=”990″ height=”660″ title=”Benefits Of Ethanol Blending Are Transferred To Sugarcane Growers: Government 6″ srcset=”https://www.theindiaprint.com/wp-content/uploads/2024/02/theindiaprint.com-benefits-of-ethanol-blending-are-transferred-to-sugarcane-growers-government-untit.jpg 510w, https://www.theindiaprint.com/wp-content/uploads/2024/02/theindiaprint.com-benefits-of-ethanol-blending-are-transferred-to-sugarcane-growers-government-untit-150×100.jpg 150w” sizes=”(max-width: 990px) 100vw, 990px” /></p>
<p>In response to inquiries on behalf of Petroleum Minister Hardeep Singh Puri, Shekhawat acknowledged that India has imported more oil in recent years but said that ethanol blending has helped the nation. The reliance on imported oil has grown in recent years. Nonetheless, he noted that the nation’s expansion and the need for energy are almost simultaneous.</p>
<p>The good news, according to Shekhawat, is that ethanol blending has helped save Rs 24,000 crore over the last five years. “Farmers who grow sugar cane receive sixty-seventy percent of this amount,” he stated. In response to a different query, the minister said that oil drilling is only done in locations where environmental concerns have been considered, whether offshore or onshore.</p>
<p>“We only proceed with commercial production after considering environmental and other concerns,” he said.</p>