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The government approved an increase in the price of ethanol to be procured by public sector oil marketing companies (OMCs) from sugar mills for blending with petrol for the 2019-20.
The Cabinet Committee on Economic Affairs (CCEA) also allowed conversion of old sugar into ethanol, which again is expected to help mills deal with the current overproduction in the sweetener and make timely payments to farmers for the cane delivered by them.
What is ethanol and how do mills produce it?
How is using ethanol becoming a solution?
Way ahead-
Ethanol is the only real savior under the circumstances — both for mills and cane growers.
By: ABHISHEK KUMAR GARG ProfileResourcesReport error
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