PM to address sugar industry on “Ethanol Blending Program” on occasion of World Environment Day

513

Keeping in view the positive impact of ethanol blended petrol on the environment, on the occasion of World Environment Day, the Hon’ble Prime Minister will be addressing the farmers & stakeholders of the industry. The video will live on DD Channel as well as YouTube Channel of DD News Live.

The programme is designed so that maximum are accrued to the farmers by way of increase in their income. It is expected that around 165 LMT of grains will be utilized for the production of ethanol thereby creating additional demand and consequently increase in the income by farmers. By 2025, the Government of India is targeting to divert excess sugar to the tune of 60 LMT produced annually for the production of ethanol in order to make timely payments to farmers.

More than ₹40,000 crore of investment is expected to come in the expansion / new projects of distilleries which will not only create job opportunities but also spur the economic growth in the area. Also, it is expected that around ₹30,000 crore of foreign exchange will annually be saved once 20% ethanol blending with petrol is achieved by 2025, thus also a step towards “Atmanirbhar Bharat”

Click here to go to the YouTube Channel of DD News 

LEAVE A REPLY

Please enter your comment!
Please enter your name here