Brief by Shorts91 Newsdesk / 06:04am on 01 Aug 2026,Saturday India
The Centre has said petrol prices in Delhi could have reached ₹125 per litre if India had not expanded ethanol blending with petrol. According to the government, the ethanol programme has reduced India's dependence on imported crude oil, saved billions in foreign exchange, supported sugarcane farmers, and helped stabilize fuel prices despite global oil market volatility. Officials also highlighted environmental benefits, including lower carbon emissions from transport. The statement was made while defending the success of the National Biofuel Policy and India's ethanol blending initiative, which has become a key part of the country's energy security and clean fuel strategy.
