Union Minister Piyush Goyal on Tuesday said that the growth of the ethanol sector has been tremendous which has set a sort of example for the world.
The remarks of the Union Minister came while addressing a one-day ‘National Seminar on Maize to Ethanol’ organized by the Department of Food and Public Distribution in the national capital. He said that in the last nine years, the sugar sector has been self-sufficient with more than 99.9 per cent payment to farmers for the previous season.
“Now, ethanol will support maize farmers in increasing their income and bringing growth with stability on the lines of sugarcane farmers. Investments of thousands of crores have come creating thousands of jobs in the rural sector which has generated a multiplier effect on the Indian economy. He highlighted that environment-friendly fuel like ethanol has been on the top priority list of the Prime Minister which has resulted in more than doubling of ethanol blending in just 2 years and a target of 20 per cent ethanol blending has also been preponed from 2030 to 2025,” he said.(ANI)
