Permitting ethanol production will save up huge chunk of foreign exchange spent on petroleum exports, said S. Nallasamy, pro-toddy activist and field organiser of People’s Movement of India.
He was speaking to reporters here after the ethanol campaign journey led by him reached Tiruvannamalai on Saturday. “India relies on imports for 80 per cent of its petroleum needs. By extensively replacing petroleum with ethanol, that could be produced from sugarcane and corn etc., not only the foreign exchange, we can also save our farmers and the whole economy. Some may argue that by permitting ethanol production, we may end up permitting a steep hike in the price of sugar.
Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/%E2%80%9Cethanol-production-will-save-huge-foreign-exchange%E2%80%9D
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/hindu-chennai
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/ethanol
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/alternative-fuels
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/sugarcane
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/fossil-fuels
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/food-security
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/economy
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/renewable-energy
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy
[12] http://admin.indiaenvironmentportal.org.in/category/thesaurus/tamil-nadu
