Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

Stepping up ethanol production may help reduce crude oil import: PM Modi.


Date: 08-12-2021
Subject: Stepping up ethanol production may help reduce crude oil import: PM Modi
Prime Minister Narendra Modi on Tuesday said stepping up ethanol production can help reduce the import of crude oil and prove to be an extra means of earning for sugarcane farmers.

He claimed that before the BJP came to power, only 20 crore litres of ethanol was being sent to oil companies from Uttar Pradesh, which now increased to around 100 crore litres.

Addressing a public meeting here after dedicating to the nation three mega projects, Modi said, "Every year, India spends around Rs 5-7 lakh crore on crude oil for petrol and diesel. We can reduce this import by giving emphasis on ethanol and biofuel."

"Purvanchal has been a bastion of sugarcane farmers. Ethanol can prove to be an extra means of earning for sugarcane farmers, apart from sugar," he said. "Biofuel is being produced in different factories of UP. Before our government, only 20 crore litres of ethanol was sent to oil companies from UP. Today, around 100 crore litres of ethanol is being sent from Uttar Pradesh alone,” he said.

The PM also said the country earlier spent thousands of crores to import edible oils.

"A national mission has been started to change this situation and produce adequate edible oil in the country," he said.

On the mega fertiliser plant inaugurated by him here, Modi said, "The way Bhagirathji brought the Ganga (to the Earth), the same way Urja Ganga has been brought to bring fuel to this plant."

"Under the PM Urja Ganga Pipeline Project, a pipeline has been laid from Haldia to Jagdishpur. Because of it, the Gorakhpur fertiliser plant has started and a dozen districts in eastern India are getting cheap gas," the PM added.

Source:economictimes.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 06-06-2025
Notification No. 13/2025-Customs (ADD)
Seeks to impose Anti Dumping Duty on imports of ‘Insoluble Sulphur’ originating in or exported from China PR and Japan.

Date: 30-05-2025
Notification No. 31/2025-Customs
Seeks to i. extend the specified condition of exemption to imports of Yellow Peas (HS 0713 10 10) to bill of lading issued on or before 31.03.2026; ii. to reduce the basic custom duty on crude soya bean oil (HS Code 15071000), crude sunflower oil (HS Code 15121110), and crude palm oil (HS Code 15111000) from 20% to 10%

Date: 30-05-2025
Notification No. 38/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 26-05-2025
NOTIFICATION No. 37/2025-Customs (N.T.)
Notification of ICD Jalna, Maharashtra u/s. 7(1)(aa) of Customs Act, 1962" and it was issued under Section 7(1)(aa) of Customs Act, 1962

Date: 23-05-2025
Notification No. 30/2025-Customs
Seeks to amend notification No. 55/2022-Customs dated 31.10.2022 to remove the condition required for availing exemption on Bangalore Rose Onion.

Date: 23-05-2025
NOTIFICATION No. 36/2025 - Customs (N.T.)
Amendment in the Notification No. 63-1994-Customs (N.T) dated 21.11.1994 in respect of Land Customs Station, Raxaul

Date: 15-05-2025
Notification No. 34/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 09-05-2025
Notification No. 29/2025-Customs
Seeks to exempt works of art and antiques from Basic Customs Duty

Date: 30-04-2025
Notification No. 02/2025-Customs (CVD)
Seeks to amend Notification No. 05/2024-Customs (CVD) dated the 11th September, 2024 so as to align with changes made vide Finance Act, 2025

Date: 30-04-2025
Notification No. 26/2025-Customs
Seeks to rescind Notification No. 04/2025-Customs dated the 1st February, 2025



Exim Guru Copyright © 1999-2025 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001