Oil price surge opportunity to accelerate ethanol programme: Food Secretary

https://www.chinimandi.com/oil-price-surge-opportunity-to-accelerate-ethanol-programme-food-secretary/

At the AIDA Annual Distillers’ Conclave in New Delhi, Food Secretary Sanjeev Chopra said that the world is facing the fourth world oil shock since 1979, and every crisis provides an opportunity. “There is no better time than this to push for further reforms in our ethanol blending programme. Taking advantage of the fact that we have this oil crisis. Brent crude, which was at USD 60-70 approximately just three weeks back, has shot up by almost 40%.”