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Indian Economy - Understanding the basics of Indian economic system

21-Feb-20

India to switch to world’s cleanest petrol, diesel from April 1

India will switch to the world’s cleanest petrol and diesel from April 1 as it leapfrogs straight to Euro-VI emission compliant fuels from Euro-IV grades now – a feat achieved in just three years and not seen in any of the large economies around the globe.
India will join the select league of nations using petrol and diesel containing just 10 parts per million of sulphur as it looks to cut vehicular emissions that are said to be one of the reasons for the choking pollution in major cities.
State-owned oil refineries spent about 35,000 crore rupees to upgrade plants that could produce ultra-low sulphur fuel.
BS-VI has a sulphur content of just 10 ppm and emission standards are as good as CNG.
India adopted Euro-III equivalent (or Bharat Stage-III) fuel with a sulphur content of 350 ppm in 2010 and then took seven years to move to BS-IV that had a sulphur content of 50 ppm. From BS-IV to BS-VI it took just three years.

By: Rohit Middha

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