 Hi everyone, see recently the Indian sugar mills association has asked the union government to revise the ethanol price to make its production more renumerative to the sugar mill owners. So, what is the connection between sugar can and ethanol? That is what we are going to decode in this video, just stay tuned. Let us first see what is ethanol? See ethanol is a fuel made from corn or other plant materials. Other plant materials here include bag gas of a sugar can or sorghum, barley etc. Here note that most of the ethanol production in India takes place from sugarcane related compounds. Since ethanol has been made from the remains of food crops it can be termed as a circular fuel. Also note that ethanol can be termed as a perfect example of energy from waste concept. Now recently union government has preponed India's 20 percentage ethanol blending target by 5 years from 2030 to 2025. This has been done to promote sustainable environmental practices. So, with this basic understanding now let us see some of the advantages of using ethanol. See we know that India is major import dependent country in regards to its fossil fuel requirements right? This in turn significantly is reducing the foreign exchange reserves of India. So blending a certain amount of ethanol will bring down the cost of import of fossil fuels. This is the first advantage. Other than this India also faces the risk of high fuel prices during the times of constrained fuel supply in the international market. This is particularly true for the current times as India is experiencing high inflation due to rise in global crude oil price moving to the Ukraine war. This type of imported inflation can be reduced if India can increase ethanol blending. Also note that carbon dioxide that is CO2 released when ethanol is used in vehicles is offset by the CO2 captured when crops used to make the ethanol are grown. So as a result vehicles running on high level blends of ethanol produced less net CO2 than conventional vehicles which only run on fossil fuel. Now coming to the benefits to the form society see ethanol blending can help sugarcane farmers and sugar mill owners to gain from this initiative because they will be able to get a good price for their products. So these are all some of the advantages associated with blending ethanol with conventional fuels in India. So after watching this video I hope you all would connect why ethanol is very important in the recent times. So to know more informative videos like this please do subscribe to Shankar IAS Academy YouTube channel. Thank you for listening.