Friday, Apr 26 2019 | Time 09:13 Hrs(IST)
image
  • New York Attorney General Launches Probe Into Facebook Collection of User Data
  • Pakistan is staunch supporter of China's Belt and Road Initiative: PM
  • Maoists destroy BJP office in Harihargunj of Palamu by bomb blast
  • Israel to participate in 2020 World Expo in Dubai
  • Russia starts assembling of six Sukhoi SU-30 fighter jets for Myanmar
  • Master Plan: Diggy slams BJP
  • Master Plan: Diggy slams BJP
  • Rajasthan Royals wins by 3 wickets against KKR at Eden
  • Integrated Coach Factory wins Arjan Singh Memorial Int’l hockey tournament
  • Myths of Priyanka stand eroded: Jaitley
  • Archer and Parag guides Rajasthan Royals to nervy win over KKR by 3 wickets
  • Archer and Parag guides Rajasthan Royals to nervy win over KKR by 3 wickets
  • Chowkidar will never let Kashi's dignity get harmed at any cost : PM
  • Senior government officer arrested on graft charge
India


Govt announces incentives for sugar mills that will produce 100 pc ethanol

Govt announces incentives for sugar mills that will produce 100 pc ethanol

New Delhi, Sep 12 (UNI) The Cabinet Committee on Economic Affairs on Wednesday gave its approval to revise or fix the price of ethanol derived from B heavy molasses or partial sugarcane juice and fix a higher price for 100 per cent sugarcane juice based ethanol for the forthcoming sugar season 2018-19.

Briefing reporters, Union Petroleum Minister Dharmendra Pradhan said the CCEA chaired by Prime Minister Narendra Modi decided that there fixed rate for the 'ex-mill price of ethanol derived out of B heavy molasses or partial sugarcane juice to Rs 52.43 per litre".

This is change from the prevailing price of Rs 47.13 per litre.

There will be incentives for those mills who will divert 100 sugarcane juice for production of ethanol thereby not producing any sugar.

Additionally, GST and transportation charges will also be payable.

The sugar industry has lately witnessed a crash in sugar price due to over-production. "The production of sugar must be according to needs," Mr Pradhan said.

Oil Manufacturing Companies have been advised to fix realistic transportation charges so that long distance transportation of ethanol is not disincentivised.

The decision will serve multiple purposes of reducing excess sugar in the country, increasing liquidity with the sugar mills for settling cane farmer's dues and making higher ethanol available for Ethanol Blended Petrol (EBP) Programme.

"All distilleries will be able to take benefit of the scheme and large number of them are expected to supply ethanol for the EBP programme," an official statement said.

Another impact of the move will be that the remunerative price to ethanol suppliers will help in reduction of cane farmer's arrears, in the process contributing to minimizing difficulty of sugarcane farmers.

Increased ethanol blending in petrol has many benefits including reduction in import dependency, support to agricultural sector, more environmental friendly fuel, lesser pollution and additional income to farmers, the source said.



The Ethanol Blended Petrol Programme was launched by the Government in 2003 on pilot basis which has been subsequently extended to the Notified 21 states and 4 Union Territories to promote the use of alternative and environment friendly fuels.

Sources further pointed out that the government has notified administered price of, ethanol since 2014.

UNI DEVN SHK1641

More News

AFT gives 3-week time to Govt on Vice Admiral Verma’s plea

25 Apr 2019 | 10:40 PM

New Delhi, Apr 25 (UNI) The Armed Forces Tribunal (AFT) on Thursday directed the defence ministry to file its reports within three weeks pertaining to a plea filed by Vice Admiral Bimal Verma challenging his supersessions for the Navy Chief’s post.

see more..
CJI sexual harassment case: Justice Ramana opts out of inquiry panel

CJI sexual harassment case: Justice Ramana opts out of inquiry panel

25 Apr 2019 | 9:31 PM

New Delhi, Apr 25 (UNI) Justice NV Ramana, who is one of the members of the inhouse probe panel investigating the sexual allegations against Chief Justice of India Ranjan Gogoi, has recused himself.

see more..

Adani Foundation education projects making change in J'khand & Gujarat

25 Apr 2019 | 9:13 PM

New Delhi, Apr 25 (UNI) Adani Foundation's Gyanodaya smart e-learning project and Utthan is bringing a sea change in schools of Jharkhand and Gujarat.

see more..
Top naval commanders discuss reorganisation of Indian Navy for ops efficiency

Top naval commanders discuss reorganisation of Indian Navy for ops efficiency

25 Apr 2019 | 9:02 PM

New Delhi, Apr 25 (UNI) The first edition of this years’ bi-annual Naval Commanders’ Conference concluded on Thursday with having discussed the reorganisation of Indian Navy towards improving operational efficiency and optimal manning.

see more..
GM brinjal has illegally entered country say activists demanding stern action

GM brinjal has illegally entered country say activists demanding stern action

25 Apr 2019 | 7:15 PM

New Delhi, Apr 25 (UNI) Genetically Modified (GM) brinjal has illegally entered the country which is not just bio-hazardous but posing a contamination threat to the regular brinjal crop sold to the consumers.

see more..
image