Now, ethanol to help maize growers boost their income

#Ethanol sector growth has been tremendous which set sort of example for world

RNS: Now, ethanol will support maize farmers in increasing their income and bringing growth with stability on the lines of sugarcane farmers, said Union Minister of Commerce and Industry Piyush Goyal while addressing a National Seminar on ‘Maize to Ethanol’ in New Delhi.

“The growth of the ethanol sector has been tremendous which has set a sort of example for the world. In the last 9 years, the sugar sector has been self-sufficient with more than 99.9 per cent payment to farmers for the previous season,” added Goyal.

“Environment-friendly fuel like ethanol has been on the top priority list of Prime Minister Narendra Modi,” stressed the minister. Investments of thousands of crores have come creating thousands of jobs in the rural sector which has generated a multiplier effect on the Indian economy, he said.

It has doubled ethanol blending in two years and moved the 20 per cent target from 2030 to 2025.  “Timely planning, industry-friendly policies, and industry participation for these successes,” he added.

Leave a Reply

Your email address will not be published. Required fields are marked *