Ethanol Blended Petrol: Promotion of ethanol blended petrol, government removed excise duty

Ethanol Blended Petrol: The Central Government has taken a big step to promote alternative fuels in the country. The government has decided to abolish excise duty on certain categories of petrol with high ethanol blending. This decision is being considered important in the direction of energy self-reliance and clean fuel.

Under the new system, excise duty will no longer be levied on ethanol blended petrol of E22, E25, E27 and E30 categories. However, it will be mandatory for these fuels to comply with the quality standards set by the Bureau of Indian Standards (BIS).

Efforts to reduce dependence on imported oil

India fulfills a major part of its requirement through import of crude oil. Fluctuations in prices in the international market affect the country’s economy. In such a situation, efforts are being made to reduce import expenses by promoting ethanol blended fuel.

Agriculture sector can benefit

Ethanol is produced from sugarcane, corn and other agricultural products. Experts believe that increasing demand for ethanol will provide additional market to farmers and can provide economic strength to the agricultural sector.

Also helpful in environmental protection

Ethanol blended fuel is considered more environment friendly than conventional petrol. Its use is expected to help in reducing carbon emissions and help in pollution control.

Part of the future energy strategy (Ethanol Blended Petrol)

The government is continuously working on such options which can make the country more self-reliant in the field of energy. The decision to remove excise duty on ethanol mixed petrol is being considered a part of this strategy. Both the use and availability of this type of fuel may increase in the coming times.

The decision to abolish excise duty on ethanol blended petrol will not only promote clean energy but can also provide long-term benefits to farmers, consumers and the country’s economy.