Sunday, November 23, 2025
7.9 C
Srinagar

MSP alone is not the only tool to help farmers double income: Petroleum Minister

New Delhi, :  Minimum Support Price (MSP) mechanism is not the only tool to help farmers double their income, Lok Sabha was told on Monday and the government also asserted that encouraging in production and use of ethanol can also sustain long term higher incomes.
Petroleum Minister Dharmendra Pradhan said this in Lok Sabha during Question Hour.
Answering to supplementary queries, he sought to make a veiled attack on the political opponents and said some people may believe MSP is the only way to help farmers, but the government is not convinced of such an idea.
That is why he explained since 2014, the Modi government has taken steps to help augment ethanol production in the country and its usage.
The ethanol production was about one per cent only when BJP-led NDA regime took over power in 2014, but now that has gone up to six per cent, he said.
The Minister also said the government is encouraging farmers to enhance ethanol production from rotten potatoes, rotten wheat and other bio mass.
“Our policy to encourage ethanol will not help the middlemen who tried to push ethanol import,” Mr Pradhan said.
Lately Union Road Transport Minister Nitin Gadkari advocated for enhanced use of ethanol to make environment pollution free.
Mr Gadkari at a function on July 12 said that to help reduce India’s Rs 7 lakh crore oil import bill, his ministry may take up with the Petroleum Ministry for necessary nod to allow opening of ethanol pumps.
UNI.

 

Hot this week

Locals Term E-Rickshaw Ban ‘Irrational and Anti-Poor’, Question Government Logic

 Srinagar, Nov 22,: The decision of the Regional Transport...

Every possible measure taken to ensure peace in Srinagar: IG CRPF

Srinagar, Nov 22: Inspector General of CRPF, P K...

Low Open Merit Share in NEET-PG 2025 Triggers Concern in J&K, Only 38 Percent Unreserved Seats in MD/MS Courses

Srinagar, Nov 22,: The newly issued tentative seat matrix...

Mentally unsound man’s body found outside Sgr’s SMHS Hospital,Police Seek Help for Identification

Srinagar, Nov 22: An unidentified man was found dead...

Police Register Case After Recovering Illegally Stored Petroleum Products

Awantipora, Nov 22,: Police in Awantipora on Saturday seized...

Topics

spot_img

Related Articles

Popular Categories

spot_imgspot_img