{ "@context": "https://schema.org/", "@type": "BreadcrumbList", "itemListElement": [{ "@type": "ListItem", "position": 1, "name": "MADE EASY ONLINE", "item": "https://www.madeeasyprime.com/" },{ "@type": "ListItem", "position": 2, "name": "Current Affairs", "item": "https://www.madeeasyprime.com/current-affairs" },{ "@type": "ListItem", "position": 3, "name": "India is the World’s 3rd Largest Producer and Consumer of Ethanol", "item": "https://www.madeeasyprime.com/current-affairs-details/3941" }] }

Sign in

Forgot password?

Not a member? Register

or sign in with:

QUICK Enquiry

QUICK Enquiry

*By submitting, you agree to receive communication from MADE EASY PRIME.
Short Article

04-10-2024 | 12:24 PM

India is the World’s 3rd Largest Producer and Consumer of Ethanol

Recently, the Union Minister for Food and Public Distribution during the India Sugar & Bio Energy Conference said that India is now the world’s third-largest producer and consumer of ethanol.


Key Highlights
  • In the last decade, sugarcane cultivation increased by about 18% while sugarcane production has increased by 40%.
  • India is the second largest producer of sugarcane next to Brazil.
  • The use of ethanol-blended petrol has reduced greenhouse gas emissions (GHGs).

 

Steps taken by the government to increase ethanol production.
  • The Minimum Selling Price (MSP) of sugar was introduced in 2018 to protect the interests of farmers.
  • Establishments of Bio-Refineries Plants: India is setting up multiple second-generation ethanol biorefineries to produce ethanol from agricultural waste.
  • In 2022, IOCL launched Asia’s first 2G Ethanol Biorefinery plant in Panipat, Haryana.
  • Tax reduction: The government has reduced the GST rate to 5% from 18% on ethanol meant for blending under the Ethanol Blended Petrol (EBP) Programme.

 

About Ethanol
  • Ethanol is a biofuel produced from various sources such as corn, rice, wheat, sugarcane, and biomass.
  • It is also known as ethyl alcohol.
  • Production Process:
    1. Fermentation of sugars by yeasts
    2. Petrochemical processes such as ethylene hydration.

...