India achieves 10% ethanol blending target in petrol ahead of schedule: PM

Prime Minister Modi was speaking at a programme on 'Save Soil Movement' at Vigyan Bhawan in New Delhi

PM Narendra Modi
Press Trust of India New Delhi
2 min read Last Updated : Jun 05 2022 | 1:51 PM IST

Prime Minister Narendra Modi announced on Sunday that India has achieved the target of 10 per cent ethanol blending in petrol five months before deadline.

Making the announcement at a programme on the 'Save Soil Movement', which coincided with the World Environment Day, Modi cited a number of measures taken by his government to protect the environment, saying its efforts have been multi-dimensional despite the country having a negligible role in climate change.

The rise in ethanol blending in petrol from two per cent in 2014 to 10 per cent now has reduced carbon emission by 27 lakh tonnes and saved Rs 41,000 crore of forex reserve. This has also brought Rs 40,000 crore of income to farmers, he added.

In his address, the prime minister said India has also achieved its goal of having 40 per cent of its installed power generation from non-fossil fuel-based sources nine years before the deadline.

The 'Save Soil Movement' is a global initiative to increase awareness about deteriorating soil health and bring about a conscious response to improve it, the Prime Minister's Office (PMO) had said in a statement.

The movement was started in March by Sadhguru Jaggi Vasudev, who embarked on a 100-day motorcycle journey passing through 27 countries, it said, adding that June 5 marks the 75th day of the journey.

Modi said India's forest cover had grown by over 20,000 sq km in the last eight years, with wildlife numbers also seeing a record growth.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Subscribe to Business Standard digital and get complimentary access to The New York Times

Quarterly Starter

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

Save 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :ethanol blending programmeNarendra Modienvironmentalism

First Published: Jun 05 2022 | 1:50 PM IST

Next Story