How Does Ethanol Blending Enhance Farmers' Earnings and Save Rs 1.36 Lakh Crore in Foreign Exchange?
Click to start listening
Synopsis
Discover how India’s ethanol blending program has not only significantly increased farmers' incomes but has also led to substantial savings in foreign exchange. This groundbreaking initiative is a testament to the country’s commitment to sustainable energy and agricultural prosperity.
Key Takeaways
- Ethanol blending has greatly increased farmers' income.
- India has saved Rs 1.36 lakh crore in foreign exchange.
- The program has reduced carbon emissions by 698 lakh metric tonnes.
- E20 fuel is now available at retail outlets.
- India achieved its ethanol blending target six years early.
New Delhi, June 29 (NationPress) The ethanol blending initiative in India has played a crucial role in reducing the nation's reliance on crude oil imports while also significantly increasing farmers' earnings, stated Hardeep Singh Puri, the Union Minister for Petroleum and Natural Gas, on Sunday.
The minister highlighted that in the last 11 years, the government has disbursed over Rs 1.18 lakh crore to farmers through the ethanol blending program.
He further noted that this initiative has enabled India to conserve foreign currency amounting to Rs 1.36 lakh crore by lowering crude oil imports.
"Throughout this period, ethanol has substituted approximately 232 lakh metric tonnes of crude oil, leading to a decrease of nearly 698 lakh metric tonnes in carbon emissions," the minister shared in a post on social media platform X.
"Under the leadership of Prime Minister Narendra Modi, ethanol is becoming a pivotal element in the growth of New India," he added.
He emphasized that every drop of ethanol symbolizes the pride and progress of our farmers. The target of achieving 20% ethanol blending has already been accomplished ahead of schedule, according to the Union Minister.
Previously, the minister announced that E20 fuel, which consists of petrol blended with 20% ethanol, is now available at all retail outlets of state-owned oil marketing companies, including Indian Oil, Bharat Petroleum, and Hindustan Petroleum.
Initially, India aimed for a 20% ethanol blending in petrol by 2030.
However, this goal was achieved in early 2025, six years ahead of the deadline, marking a significant achievement in the nation’s transition to cleaner energy sources.
Meanwhile, the Union Minister noted earlier this week that India's oil and gas sector has experienced a remarkable transformation over the past 11 years under the guidance of Prime Minister Narendra Modi.
In a post shared on social media platform X on Saturday, the minister attributed the advancements to the ‘Digital India’ initiative and technology-driven innovations that have enhanced the country’s fuel infrastructure, making it smarter and more efficient.
Point of View
India's ethanol blending program stands out as a beacon of progress. It not only enhances agricultural earnings but also aligns with global sustainability goals. Under the guidance of experienced leadership, this initiative reflects a holistic approach towards energy independence and farmer welfare.
NationPress
29/06/2025
Frequently Asked Questions
How has ethanol blending impacted farmers' income?
Ethanol blending has significantly increased farmers' earnings, with over Rs 1.18 lakh crore paid to them over the past 11 years.
What are the environmental benefits of the ethanol program?
The initiative has led to a reduction of approximately 698 lakh metric tonnes in carbon emissions by replacing crude oil with ethanol.
What is E20 fuel?
E20 fuel is a blend of petrol and 20% ethanol, which is now available at various retail outlets across India.
What was the initial target for ethanol blending in India?
India initially aimed for a 20% ethanol blending target by 2030, which was achieved six years ahead of schedule.
How has the oil and gas sector changed in India?
The oil and gas sector has undergone significant transformation, becoming smarter and more efficient due to initiatives like 'Digital India' and technological innovations.
