India becomes third-largest producer and consumer of ethanol

India has become the world's third-largest ethanol producer and consumer, thanks to significant government policy changes. The Ethanol Blended Petrol Programme has increased production capacity, leading to increased revenue for sugar mills and reduced greenhouse gas emissions.

India's Rise in Ethanol Production and Consumption

India has become the world's third-largest producer and consumer of ethanol
Achievement attributed to significant policy changes by the government
Ethanol Blended Petrol (EBP) Programme has boosted production capacity
Last decade saw increased revenue for sugar mills from ethanol sales
Reduced greenhouse gas emissions due to ethanol-blended petrol use
New distilleries in rural areas leading to direct and indirect job creation

Sugar Industry Growth and Farmer Benefits

Sugarcane cultivation area increased by 18% in the last decade
Sugarcane production rose by 40% in the same period
Introduction of Minimum Selling Price (MSP) for sugar in 2018
MSP protects interests of farmers and the sugar industry
Cane dues pendency at an all-time low, with 99% of Rs. 1.14 lakh crores paid to farmers
Farmers evolving from "Anna Dattas" (food providers) to "Urja Dattas" (energy providers)

Government Initiatives and Future Prospects

Commitment to a robust, sustainable sugar industry
Focus on innovation, public-private partnerships, and farmer-centric policies
Launch of National Green Hydrogen Mission with Rs. 19,744 crore outlay
India aims to become a global hub for green hydrogen production and export
Encouragement of sustainable packaging to promote Indian food globally
Collaboration opportunities with Brazil on biofuels production and use
Promotion of technology exchange and joint R&D in bioenergy sector
Opportunities in 2G&3G Ethanol, Green Hydrogen, and Bio-plastics
Global Biofuels Alliance offering new prospects for growth

Environmental and Economic Impact

Synergy between agriculture and green energy supporting sustainable future
Alignment with India's global climate goals of net-zero emissions by 2070
Early achievement of Paris Climate Agreement targets
Stable sugar prices benefiting consumers
Positive outlook for 2024-2025 sugar season due to good monsoon
India positioned as a global food basket
Potential for increased international cooperation in biofuels sector

Ballari Railway Connectivity Project

The Ballari railway connectivity project has emerged as a game-changer in India's infrastructure push, especially for Karnataka’s mining and logistics belt. Recently approved by the C

Urban Consumer Sentiment India May 2025 Report

In May 2025, the Reserve Bank of India (RBI) released its latest Urban Consumer Confidence Survey, revealing a detailed picture of the urban consumer sentiment in India. This data is important

Railway Connectivity to Kashmir Valley

The inauguration of the Vande Bharat train to Kashmir marks a historic milestone in India’s railway infrastructure. Prime Minister Narendra Modi recently flagged off two specially designe

RBI Gold Loan Guidelines 2025

On April 9, 2025, the Reserve Bank of India (RBI) published draft guidelines that propose new regulations to standardize lending procedures for loans secured by gold collateral. This move seeks

China EV Export Market Share

In recent years, China's EV export market share has grown exponentially, positioning the country as the global leader in the electric vehicle (EV) industry. According to the Global EV Outlook

Reliance and Nifty50

It is crucial to have knowledge of economic subjects like Nifty50 in order to do well on SSC exams. Nifty50 is an indicator that tracks the stock market performance of the top 50 companies listed

Kallapu-Sajipa Riverfront Road Project

When it comes to building new infrastructure, Karnataka is in the forefront. There are a lot of big initiatives in the state that are boosting the economy and making things more accessible.

India's Manufacturing Vision 2025

India's manufacturing policies have recently gained significant attention as the government seeks to strengthen the country's industrial sector and achieve long-term economic growth. Th

What Drives the Gold Price Rs 1 Lakh?

Gold prices in India have surged to an all-time high, surpassing the Rs 1 Lakh mark per 10 grams for the first time. This significant rise in the Gold Price of Rs 1 Lakh is linked to various g

India’s GDP Growth Rate Falls to 6.4%

Fitch has revised its 2025 GDP forecast for India from 6.6% to 6.4%, a decrease of 10 basis points. This is the most recent global economic news. While this may not seem like a major drop, it’