OIL & GAS

Amit Shah launches farmer-friendly projects in Karnataka, emphasises on use of ethanol

Union Home Minister Amit Shah on Sunday inaugurated and laid the foundation stone of various farmer-friendly projects in Bagalkot, Karnataka. While addressing a rally at the Kerakalmatti village of Bagalkot, Shah listed out various programmes and initiatives of the central government for the welfare of the farmers. He emphasised on the use of ethanol and asserted that it is a multi-facet project that will help farmers.

“A large amount of foreign exchange is spent on import of petrol and diesel in our country. One of its alternative options is ethanol, which is being made from the by-products of sugarcane. My farmer friends, the sweat you sweat becomes ethanol to meet the energy needs of the country,” Shah said.

“Prime Minister Narendra Modi has worked towards increasing use of ethanol. This is a multi-facet project. On one hand, the income of farmers increases by making ethanol, on the other hand, the sugarcane mills benefit and thirdly, the option of petrol also saves the country’s foreign exchange reserves. Through this the country will move towards the path of development and self-reliant,” he added.

Shah said that Prime Minister Modi has taken many steps to supply ethanol throughout the country.

“The first step was to reduce the central excise duty on ethanol in 2015. In 2018, the 18 per cent GST imposed on ethanol was reduced to just 5 per cent.

Source
ET Energy World
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