HENCY R SHAH AND ASSOCIATES

Is Ethanol blending the next game changer?  India's E20 India launched a pilot for E20, or petrol blended with 20% ethanol at the ‘India Energy Week’ in Bengaluru, bringing forward by two years the launch of a cleaner-burning version of petrol. What is Ethanol Blending? Ethyl alcohol or Ethanol (C2H5OH) is a biofuel that is naturally made by fermenting sugar. While it is mostly derived by extracting sugar from sugarcane, other organic matter like foodgrains can also be used for its production. As part of its carbon reduction commitments, India has launched the Ethanol Blended Petrol (EBP) programme to mix this biofuel with petrol to reduce the consumption of fossil fuel. Earlier, the government announced the achievement of E10 target, that is, the petrol used in the country has 10% ethanol in it. Then PM launched the pilot of E20 across at least 15 cities. The same is expected to be rolled out across the country in a phased manner in the coming months and years. Why E20...

How will the new National Logistics Policy be a game changer for the Indian economy The National Logistics Policy has come at the right time, as seamless connectivity, superior infrastructure, and strong export and logistics efficiency are essential to achieve these ambitious goals.  India aims to become a $20 trillion economy by 2040 and a developed nation by 2047. The National  Logistics  Policy has come at the right time, as seamless connectivity, superior infrastructure, and strong export and logistics efficiency are essential to achieve these ambitious goals.  Currently, the logistics costs in India are 13-14% of the GDP, compared to 7-8% in developed countries. Prime Minister  Narendra Modi , while launching the policy, said that the aim is to bring the logistics cost to single-digit as soon as possible. The higher logistics costs are reducing the competitiveness of India’s exports. Reports suggest that hig...