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Economics2h 36m ago
Ethanol blending helped India save nearly Rs 1.67 lakh crore in foreign exchange and replace around 283 lakh metric tonnes of crude oil.
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India
Who
KPMG, Times Now
What
Ethanol blending helped India save nearly Rs 1.67 lakh crore in foreign exchange and replace around 283 lakh metric tonnes of crude oil.
When
Sun, 14 Jun 2026 08:19:54 GMT · 2h 36m ago
Where
India ·
Why
The ethanol blending initiative was implemented to reduce India's exposure to global crude oil price volatility, strengthen energy security, and support rural incomes.
The Frontline Impact
How this affects you
India's ethanol blending program has yielded substantial economic and environmental benefits, but its future expansion faces hurdles like reliance on specific inputs, limited flex-fuel vehicle adoption, and infrastructure not designed for multi-grade fuel distribution. Overcoming these challenges will be crucial for India to deepen its energy security and reduce its reliance on crude oil imports.
Story chain
9 events in this thread- Economics1h 25m agoUnion Finance Minister Nirmala Sitharaman said India continues to be the world's fastest-growing major economy, supported by strong GDP growth and easing inflation.Open article
- Economics2h 20m agoUnion Finance Minister Nirmala Sitharaman accused Congress leader Rahul Gandhi of undermining India’s achievements and creating a misleading narrative about the country’s economic condition on Sunday.Open article
- Economics2h 20m agoUnion Finance Minister Nirmala Sitharaman on Sunday accused Congress leader Rahul Gandhi of undermining India’s achievements, stating that the country remains the world’s fastest-growing major economy despite global challenges.Open article
- Currently Reading2h 36m agoEthanol blending helped India save nearly Rs 1.67 lakh crore in foreign exchange and replace around 283 lakh metric tonnes of crude oil.
- Economics3h 2m agoFinance Minister Nirmala Sitharaman stated that India continues to be the world's fastest-growing major economy, with GDP growth in the March quarter at 7.8%, beating economists' expectations.Open article
- Economics3h 2m agoFinance Minister Nirmala Sitharaman stated on Sunday that India continues to be the world's fastest-growing major economy, despite rising geopolitical tensions and higher energy prices.Open article
- Economics3h 50m agoIndia’s economy offered mixed signals this week, including a surprise current account surplus in the March quarter, steady global confidence in India’s growth prospects, and a sharp rise in corporate debt raising after the Reserve Bank of India’s recent measures.Open article
- Economics3h 56m agoFinance Minister Sitharaman stated that India continues to be the world's fastest-growing major economy, addressing the BJP's Viksit Bharat event in Bengaluru.Open article
- Economics3h 56m agoFinance Minister Sitharaman stated on Sunday that India continues to be the world's fastest-growing major economy.Open article
Verified Sources & Citations
- HIGHThe Economic Timeshttps://economictimes.indiatimes.com/news/india/quarter-after-quarter-year-after-year-india-is-fastest-growing-economy-fm-sitharaman/articleshow/131717008.cms
- HIGHBusiness Standardhttps://www.business-standard.com/economy/news/weekly-economy-wrap-inflation-current-account-growth-forecasts-126061400239_1.html
- HIGHMoneycontrolhttps://www.moneycontrol.com/news/india/quarter-after-quarter-year-after-year-india-remains-the-fastest-growing-major-economy-fm-sitharaman-13949030.html
- HIGHTimes Nowhttps://www.timesnownews.com/business-economy/economy/ethanol-blending-saves-india-rs-1-67-lakh-crore-in-forex-cuts-crude-imports-by-283-lakh-tonnes-kpmg-article-154611305
- HIGHThe New Indian Expresshttps://www.newindianexpress.com/india/2026/Jun/14/rahul-gandhi-undermines-indias-achievements-paints-false-picture-of-crisis-sitharaman
- HIGHOutlook Businesshttps://www.outlookbusiness.com/economy-and-policy/indias-growth-engine-stays-strong-as-global-uncertainty-mounts-says-sitharaman