Ethanol News: Ethanol has been in the news for the past several days. Ever since the prices of petrol and diesel increased, the discussion regarding it intensified. While on one hand Union Minister Nitin Gadkari promoted it, on the other hand the opposition is against it. In such a situation, recently the government has released a report regarding ethanol mix petrol. In which he has told how much farmers are benefiting from its use and the foreign exchange reserves in the country are also increasing.
Farmers are benefiting
Till now there has been a misconception regarding ethanol blended petrol that instead of benefiting the farmers, it is causing loss. But now recently the government has removed this misunderstanding. The government has recently released a report through the PIB website, in which it has been told that till now farmers have earned more than Rs 1.60 lakh crore from ethanol petrol.
Also read: Mumbai Rains: Delivery tested in Mumbai rains, companies changed their way of working amid waterlogging
increasing foreign exchange reserves
Not only this, but according to this report, India’s foreign exchange reserves are also increasing rapidly due to ethanol blending. Due to the Ethanol Blending Program from the year 2014-15 to May 2026, more than Rs 1.90 lakh crore has been saved in foreign exchange by using ethanol in place of 310 lakh metric tonnes of imported crude oil. Apart from this, it has reduced carbon emissions by more than 930 lakh metric tons.
Let us tell you that not only India is using ethanol in petrol. Rather, it is coming into practice globally. Countries like Japan, Brazil, US are implementing it in their countries. Like E10, E15 are quite popular in the US. So in Brazil, E27 is considered standard petrol. Apart from this, E10 is also being used in vehicles in Japan.
Also read: How many times can mistakes be corrected after filing ITR? Understand the rules, no penalty will be imposed

