Nitin Gadkari Advocates Ethanol-Blended Petrol to Boost Farmers

Union Minister Nitin Gadkari has announced significant potential benefits for Indian farmers through the increased use of ethanol-blended petrol. Speaking at a recent event, Gadkari emphasized that India relies on imports for approximately 87% of its energy needs, costing the nation around Rs 22 lakh crores. He argued that shifting towards maize for ethanol production could not only reduce this financial burden but also provide substantial profits for farmers.

The rising interest in ethanol has already had a noticeable impact on the market. When discussions about ethanol began, the price of maize surged from approximately Rs 1,200-1,800 per quintal to between Rs 2,600-2,800. This price increase has encouraged a threefold rise in maize cultivation in key agricultural states such as Uttar Pradesh and Bihar.

Gadkari pointed out the environmental advantages of ethanol-fuelled vehicles, highlighting their potential to reduce pollution while remaining cost-effective. He stated that this initiative not only supports India’s goal of energy independence but also fosters economic growth in the agricultural sector. According to Gadkari, maize farmers could see profits amounting to Rs 40,000 crores, creating a mutually beneficial scenario for both the economy and the agricultural community.

In addition to the financial implications, Gadkari stressed the importance of sustainability and renewable energy. The shift towards ethanol is seen as a critical step in modernizing India’s energy landscape while supporting rural farmers. As the government pushes for greater adoption of biofuels, the initiative aligns with global trends towards reducing carbon emissions and enhancing energy security.

The expansion of ethanol production presents an opportunity for India to leverage its agricultural capacity, potentially transforming the energy sector while empowering local farmers. With ongoing support and investment, this initiative could play a pivotal role in reshaping India’s economic future.