Ethanol blending of petrol saved Rs 4000 crores last year
Ethanol has not only helped the farmers but has also saved the country's wealth. Last year, ethanol blending of petrol has saved about Rs.4000 crores in foreign exchange that would have been spent on imports. The target of the government is to increase this savings to 12000 crores in the next four years. Moreover, in the next four years we can make 20000 crores just by producing ethanol from sugarcane. With this saving and an alter native to sugarcane, the sugarcane farmers will be ensured of a permanent solution to their recurrent problems. Ethanol is saving money. Besides, it will also reduce the toxic gases that gener ate from petrol.