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Road Map for Ethanol Production by Indian Sugar Mills Association

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NABARD ARDNABARD Grade A
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Context:

Road Map for Ethanol Production by Indian Sugar Mills Association 1
Credit: Business Standard

ISMA proposes to hike the subsidy to ₹35,000 crore to increase sugarcane ethanol capacity by 20-25% by 2030-31.

Key Findings:

  • The ISMA has requested bringing down the GST on flex-fuel vehicles and differential pricing on ethanol.
  • The suggestions include revision of minimum sale price for sugar, fresh pricing of new ethanol for supply year 2024-25, and reduction in falling sugar prices.

About ISMA?

What is Ethanol blending?

  • It is the process of mixing ethanol with gasoline to reduce the use of fossil fuels.

What is ethanol?

How & Why Farmers Producers Organization are formed? FPO #fpo #upsc #nabardgradea #agriculturenotesTap to play · from the C4S channel
  • Ethanol is a renewable biofuel that’s a byproduct of processing sugarcane, rice husk, or maize. It’s also known as ethyl alcohol.

Also read: India shortens down its target for ethanol blend

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