Modi says stepping up ethanol production will help reduce crude oil import

Prime Minister Narendra Modi  said stepping up ethanol production can help reduce the import of crude oil and prove to be an extra means of earning for sugarcane farmers. He claimed that before the BJP came to power, only 20 crore litres of ethanol was being sent to oil companies from Uttar Pradesh, which now increased to around […]

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India may roll out direct benefit transfer scheme for fertiliser subsidy in FY22

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India may finally shift to the direct benefit transfer (DBT) for delivering fertiliser subsidy to farmers effective FY22. The department of fertilisers and the ministry of agriculture are working out the details of the DBT scheme, which may be announced in the Budget for FY22, Financial Express reports. According to an estimate by the fertiliser […]

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For a gas-based economy, India needs to include natural gas under GST: FIPI

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The government should bring natural gas under the Goods and Services Tax (GST) regime to accelerate a gas-based economy and raising the share of the environment-friendly fuel in India’s energy basket, the Federation of Indian Petroleum Industry (FIPI) industry said. Natural gas is currently outside the ambit of GST, and existing legacy taxes — central […]

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