{"id":153802,"date":"2025-02-01T19:18:32","date_gmt":"2025-02-01T13:48:32","guid":{"rendered":"https:\/\/pwonlyias.com\/stage\/?post_type=current-affairs&#038;p=153802"},"modified":"2025-02-13T15:57:16","modified_gmt":"2025-02-13T10:27:16","slug":"hike-in-ethanol-procurement-price","status":"publish","type":"current-affairs","link":"https:\/\/pwonlyias.com\/stage\/current-affairs\/hike-in-ethanol-procurement-price","title":{"rendered":"CCEA Approves Hike in Ethanol Procurement Price"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The <\/span><b>Cabinet Committee on Economic Affairs (CCEA)<\/b><span style=\"font-weight: 400;\"> has approved an increase in the ethanol procurement price for public sector oil marketing companies (OMCs) from \u20b956.58 per litre to \u20b957.97 per litre.<\/span><\/p>\n<h2><span style=\"font-size: 18pt;\"><b>Rationale Behind the Hike in Ethanol Procurement Prices<\/b><\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Increased Ethanol Supply:<\/b><span style=\"font-weight: 400;\"> Higher prices ensure adequate ethanol availability to meet the growing blending targets.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Support for Farmers<\/b><span style=\"font-weight: 400;\">: Encourages the<\/span><b> use of C Heavy Molasses (CHM)<\/b><span style=\"font-weight: 400;\">, benefiting sugarcane farmers by providing an additional revenue source.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Environmental Benefits<\/b><span style=\"font-weight: 400;\">: Reduces dependency on crude oil imports, lowers emissions, and supports the transition to greener fuels.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Economic Gains:<\/b><span style=\"font-weight: 400;\"> Saves foreign exchange by reducing fuel imports and strengthens the domestic ethanol industry.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: center;\"><span class=\"vc_button\"><a href=\"https:\/\/www.pw.live\/batches\/upsc?utm_source=seo+upsc+batch&#038;utm_medium=seo+upsc&#038;utm_campaign=seo&#038;utm_id=upsc\" target=\"_blank\" rel=\"noopener\">Enroll now for UPSC Online Course<\/a><\/span><\/p>\n<h2><span style=\"font-size: 18pt;\"><b>About Ethanol Blending<\/b><\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Also known as:<\/b><span style=\"font-weight: 400;\"> Ethyl alcohol.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Sources:<\/b><span style=\"font-weight: 400;\"> Ethanol is a biofuel produced from sugarcane, corn, rice, wheat, and biomass.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Molasses:<\/b><span style=\"font-weight: 400;\"> A byproduct of sugar manufacturing, primarily used for ethanol production.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Categories of Molasses:<\/b>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><b>A Molasses (First Molasses):<\/b><span style=\"font-weight: 400;\"> Intermediate by-product from initial sugar crystal extraction, <\/span><b>containing 80-85% dry matter (DM).<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><b>B Molasses (Second Molasses):<\/b><span style=\"font-weight: 400;\"> Similar DM content but with less sugar and no spontaneous crystallization.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><b>C Molasses (Final Molasses\/Blackstrap Molasses\/Treacle):<\/b><span style=\"font-weight: 400;\"> End by-product of sugar processing with<\/span><b> 32-42% sucrose, used as a commercial feed ingredient.<\/b>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"3\"><span style=\"font-weight: 400;\">It is also known as C Heavy Molasses (CHM).<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Production Process:<\/b><span style=\"font-weight: 400;\"> Ethanol is produced through <\/span><b>fermentation of sugars<\/b><span style=\"font-weight: 400;\"> by yeasts or<\/span><b> via petrochemical processes <\/b><span style=\"font-weight: 400;\">such as <\/span><b>ethylene hydration.<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Applications:<\/b>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Used as a biofuel, solvent, and disinfectant.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Applications in fuel blending, pharmaceuticals, alcoholic beverages, cosmetics, and chemical synthesis.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Also used in biodegradable plastics, agriculture, and cleaning products.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2><span style=\"font-size: 18pt;\"><b>About Ethanol Blending<\/b><\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Definition:<\/b><span style=\"font-weight: 400;\"> The practice of mixing ethanol with gasoline to create a fuel mixture for internal combustion engines.<\/span><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter  wp-image-153786\" src=\"https:\/\/pwonlyias.com\/stage\/wp-content\/uploads\/2025\/02\/116-679e2303082a8.webp\" alt=\"Ethanol Procurement Price\" width=\"602\" height=\"340\" srcset=\"https:\/\/pwonlyias.com\/stage\/wp-content\/uploads\/2025\/02\/116-679e2303082a8.webp 960w, https:\/\/pwonlyias.com\/stage\/wp-content\/uploads\/2025\/02\/116-679e2303082a8-300x169.webp 300w, https:\/\/pwonlyias.com\/stage\/wp-content\/uploads\/2025\/02\/116-679e2303082a8-768x434.webp 768w\" sizes=\"(max-width: 602px) 100vw, 602px\" \/><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Purpose:<\/b><span style=\"font-weight: 400;\"> Reduces emissions and improves engine performance.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Common Blends:<\/b>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><b>E20:<\/b><span style=\"font-weight: 400;\"> Petrol blended with 20% ethanol.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><b>E100:<\/b><span style=\"font-weight: 400;\"> 93-93.5% ethanol blended with 5% petrol and 1.5% co-solvent.<\/span><\/li>\n<\/ul>\n<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Flex-Fuel Vehicles (FFVs):<\/b><span style=\"font-weight: 400;\"> Designed to operate on different ethanol blends, up to E100.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: center;\"><span class=\"vc_button\"><a href=\"https:\/\/store.pw.live\/govt-entrance-exams\/upsc-books?utm_source=SEO&#038;utm_medium=PW+Live&#038;utm_campaign=UPSC+CSE+Books\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Check Out UPSC CSE Books From PW Store<\/span><\/a><\/span><\/p>\n<h2><span style=\"font-size: 18pt;\"><b>About Ethanol Blending Programme<\/b><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-153787 alignright\" src=\"https:\/\/pwonlyias.com\/stage\/wp-content\/uploads\/2025\/02\/117-679e2302c9529.webp\" alt=\"Ethanol Procurement Price\" width=\"401\" height=\"434\" srcset=\"https:\/\/pwonlyias.com\/stage\/wp-content\/uploads\/2025\/02\/117-679e2302c9529.webp 503w, https:\/\/pwonlyias.com\/stage\/wp-content\/uploads\/2025\/02\/117-679e2302c9529-277x300.webp 277w\" sizes=\"(max-width: 401px) 100vw, 401px\" \/><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Initiative:<\/b><span style=\"font-weight: 400;\"> Launched by the Government of India to promote the use of ethanol as a renewable and environment-friendly fuel in petrol.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Aim:<\/b>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Reduce fuel imports.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Conserve foreign exchange.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Increase value addition in the sugar industry.<\/span><\/li>\n<\/ul>\n<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>National Policy on Biofuels 2018 Target:<\/b><span style=\"font-weight: 400;\"> Achieve 20% ethanol blending in petrol by Ethanol Supply Year (ESY) 2025-26.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Government Initiatives:<\/b>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Fixing remunerative ethanol prices.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Simplifying procurement and supply procedures.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Waiving excise duty.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Providing financial assistance for ethanol production.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><b><i>Ready to boost your UPSC 2025 preparation?<\/i><\/b> <a href=\"https:\/\/www.pw.live\/batches\/upsc?utm_source=seo+upsc+batch&#038;utm_medium=seo+upsc&#038;utm_campaign=seo&#038;utm_id=upsc\" target=\"_blank\" rel=\"noopener\"><b><i>Join PW&#8217;s UPSC online courses<\/i><\/b><\/a><b><i> today!<\/i><\/b><\/p>\n<div class=\"vc_table_green\"><\/p>\n<table style=\"width: 99.6375%;\">\n<tbody>\n<tr>\n<td style=\"width: 111.19%; text-align: center;\" colspan=\"2\"><span style=\"font-size: 18pt;\"><b>Also Read<\/b><\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"width: 49.797%; text-align: center;\"><a href=\"https:\/\/pwonlyias.com\/stage\/editorial-analysis\/\" target=\"_blank\" rel=\"noopener\"><b>UPSC Daily Editorials<\/b><\/a><\/td>\n<td style=\"width: 61.393%; text-align: center;\"><a href=\"https:\/\/pwonlyias.com\/stage\/daily-current-affairs\/\" target=\"_blank\" 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litre.<\/p>\n","protected":false},"author":11,"featured_media":153794,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"tags":[],"paper-wise":[2089],"subject":[2100],"acf":[],"_links":{"self":[{"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/current-affairs\/153802"}],"collection":[{"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/current-affairs"}],"about":[{"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/types\/current-affairs"}],"author":[{"embeddable":true,"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/comments?post=153802"}],"version-history":[{"count":2,"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/current-affairs\/153802\/revisions"}],"predecessor-version":[{"id":153807,"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/current-affairs\/153802\/revisions\/153807"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/media\/153794"}],"wp:attachment":[{"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/media?parent=153802"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/tags?post=153802"},{"taxonomy":"paper-wise","embeddable":true,"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/paper-wise?post=153802"},{"taxonomy":"subject","embeddable":true,"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/subject?post=153802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}