Summary:
New Delhi: In a string of decisions, the Union Cabinet on Thursday approved a mechanism for procurement of ethanol by public sector oil marketing companies under Ethanol Blended Petrol Programme besides extending the norms for mandatory packaging of food grains in jute materials.
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New Delhi: In a string of decisions, the Union Cabinet on Thursday approved a mechanism for procurement of ethanol by public sector oil marketing companies under Ethanol Blended Petrol Programme besides extending the norms for mandatory packaging of food grains in jute materials.
Addressing a press conference, I&B Minister Prakash Javadekar said the price of ethanol for doping in petrol has been raised by 5-8 per cent.
“The move will help farmers get remunerative price while also cutting down oil imports.
The move also checks pollution as ethanol is environment-friendly,” Javadekar said.
As much as 10 per cent ethanol is doped in petrol.
The ethanol procurement season by Oil Marketing Companies (OMCs) will run from December 1, 2020 to November 30, 2021.
The norms for packaging in jute materials mandates that 100 per cent of the food grains and 20 per cent of sugar will be packed in diversified jute bags.
Further, the decision also mandates that initially 10 per cent of the indents of jute bags for packing food grains would be placed through reverse auction on the GeM portal.