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Ethanol fuel. A turning point for Indian economy

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Ethanol fuel. A turning point for Indian economy


The landmark decision of Modi government to manufacture Ethanol from molasses grains etc will be one of the important decision which will remain highlighted whenever Indian economy's history will be analyzed or studied in the future.

The decision to invest 42000 crores of Rupees in establishing new distilleries as well increasing the capacity of existing units will prove to become a game-changer. 

Ethanol-based fuel will not only save Indian forex reserves but will also help to restore the environmental ecosystem and will put world politics in New order. 

 
Apart from the above two benefits, India will show the way to the world to follow and adopt the Indian way and thus the present fossil fuel will become a matter of history within a few decades from now as electric vehicles clubbed with ethanol fuel will reduce the demand of crude oil drastically. 

The biggest effect in the form repercussions due to these steps will be experienced by OPEC countries as the situation arising from Ethanol-based fuel and the anticipated revolution in electric vehicles will give birth to new strategies allies cornering OPEC nations. 

Sudesh DJV 
Indore MP India 
17th June 2021 
8:20 am

Sudesh DJV writes on contemporary subjects in the form of Articles and poems which are in the interest of the Nation in particular and for Mankind in general.

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