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Policy▲ Bullish for Indian equities
Gadkari says ethanol can lift farm incomes and cut fuel imports
The brief
- Gadkari said greater ethanol use could boost farmers’ incomes and reduce petroleum imports
- Maize prices rose to ₹2,600 per quintal
- The PM e-Bus Sewa plan is worth ₹57,000 crore
- Higher ethanol demand may benefit Indian sugar and ethanol producers and maize farmers