How will the new vehicles that run on ethanol benefit India
Details about Union Minister Nitin Gadkari's plan to introduce new vehicles that will run on ethanol
- Ethanol is a renewable and low-carbon fuel that can reduce carbon emissions and help mitigate climate change.
- It can help reduce India's dependence on oil imports, which will reduce the country's vulnerability to price fluctuations in the global oil market.
- Since ethanol can be produced domestically from sugarcane, corn, or other biomass resources, it can also create new job opportunities in the agriculture sector.
- Union Minister Nitin Gadkari has also proposed that the government will provide incentives to automakers to produce ethanol-powered vehicles.
- The government may also offer subsidies to farmers who produce sugarcane or corn for ethanol production and invest in the necessary infrastructure for ethanol production and distribution.
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a year ago