Article

India's Ethanol Blended Petrol program has resulted in payments exceeding Rs 1.43 lakh crore to farmers and foreign exchange savings of over Rs 1.63 lakh crore since 2014-15. The initiative has also contributed to a reduction of approximately 832 lakh metric tonnes of CO₂ emissions and replaced over 277 lakh metric tonnes of crude oil. The government aims for 20% ethanol blending by implementing various policy measures, including expanding feedstocks and financial assistance for biofuel projects.