Neutral impactEconomy
'Will Pure Petrol Come From Your Father's House': BJP MP Janardan Mishra Defends Ethanol Policy
NDTV Profit 4 hrs ago·10 Aug 2026, 7:39 am
A heated debate has erupted over India's push to increase the use of ethanol in fuel, with a senior BJP MP arguing that the policy is a necessary shield against global instability. Janardan Mishra emphasized that geopolitical tensions are forcing oil tankers to take longer, more expensive routes, adding significant costs to the supply chain.
This shift toward ethanol is critical for the country's energy security, aiming to reduce reliance on imported crude oil and stabilize domestic fuel prices. For investors, this policy supports the agricultural and biofuel sectors, which are expected to benefit from increased demand for ethanol-blended fuel.
Investors should monitor the government's progress on blending targets and the availability of raw materials like sugarcane. Additionally, watch for updates on global oil prices and supply chain logistics, as these factors will influence the long-term viability and profitability of the biofuel industry.
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