What is the government's policy on ethanol production in India
The government allows the use of sugarcane juice and B-molasses to make ethanol, with a limit on sugar diversion.
The government's policy on ethanol production in India can be summarized as follows:
- The government allows the use of sugarcane juice and B-molasses to produce ethanol.
- There is a limit on sugar diversion, meaning that only a certain amount of sugar can be used for ethanol production, ensuring that there is no shortage for other purposes.
- The government provides various incentives and subsidies to encourage the production of ethanol, such as financial assistance for setting up ethanol production facilities and tax benefits.
- There is a focus on increasing the blending of ethanol with petrol to reduce dependency on fossil fuels and promote clean energy.
- The government has set targets for ethanol blending and is working towards achieving them. Currently, the target is to achieve 20% ethanol blending in petrol by 2025.
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