Lagatar24.com
Language : HINDI
  • Home
  • Jharkhand
  • Bihar
  • National & World
  • Business
  • Health & Lifestyle
  • Sports
  • Entertainment
  • Career
  • Tech – Gyan
  • Opinion
Tuesday, 21 October, 2025
Lagatar24.com
  • Home
  • Jharkhand
  • Bihar
  • National & World
  • Business
  • Health & Lifestyle
  • Sports
  • Entertainment
  • Career
  • Tech – Gyan
  • Opinion
Lagatar24.com
No Result
View All Result
  • Home
  • Jharkhand
  • Bihar
  • National & World
  • Business
  • Health & Lifestyle
  • Sports
  • Entertainment
  • Career
  • Tech – Gyan
  • Opinion
Home National & International

Gadkari Refutes Ethanol Blending Allegations, Blames Powerful Import Lobby

Lagatar News by Lagatar News
September 30, 2025
in National & International
Gadkari Refutes Ethanol Blending Allegations, Blames Powerful Import Lobby
Share on FacebookShare on Twitter

Lagatar24 Desk

Nagpur: Union Road Transport and Highways Minister Nitin Gadkari has dismissed allegations against him regarding the ethanol blending policy, saying they are driven by a powerful import lobby upset with his decisions. Speaking at an event, Gadkari stressed that he avoids responding to such criticism directly, as it only fuels unnecessary publicity.

Import Lobby Pressure

Gadkari explained that the government’s policy of blending 20% ethanol with petrol has significantly reduced fossil fuel imports, hurting vested interests that previously benefitted from a ₹22 lakh crore fuel import economy. “The tree that bears fruit is the one that gets pelted with stones,” he remarked, adding that those whose fossil fuel businesses are impacted are resorting to accusations and paid news campaigns.

Environmental And Economic Benefits

The minister highlighted ethanol’s advantages, both economically and environmentally, citing his own car which runs entirely on ethanol derived from agricultural produce. “I have never taken a single rupee from any contractor,” he added. Gadkari also reiterated that the policy promotes self-reliance while reducing dependence on costly fuel imports.

Focus On CIAN Agro Industries

Political discussions have recently focused on CIAN Agro Industries, a company linked to Gadkari’s son, Nikhil Gadkari. The firm, engaged in ethanol production, has seen a meteoric rise in revenue—from ₹17.47 crore in Q1 FY 2023-24 to ₹510.8 crore in April-June 2025. Its profits crossed ₹52 crore, while its stock price surged from ₹172 a year ago to ₹2,023 on the BSE. Analysts, however, caution that the growth is not solely driven by ethanol sales but also by diversification into new businesses and other income streams.

Share76Tweet47
Previous Post

Bigg Boss 19 Twist: Abhishek’s Ex-Wife Likely To Enter As Wild Card Amid His Bond With Ashnoor

Next Post

RIMS Workshop on World Heart Day Highlights Rising Cases Among Youth

Related Posts

Lokpal Floats Tender for 7 BMWs Worth ₹70 Lakh Each, Sparks Public Outrage

Lokpal Floats Tender for 7 BMWs Worth ₹70 Lakh Each, Sparks Public Outrage

October 21, 2025
Veteran Actor Asrani Passes Away at 84, PM Modi Pays Tribute to “Versatile Artist”

Veteran Actor Asrani Passes Away at 84, PM Modi Pays Tribute to “Versatile Artist”

October 21, 2025
Sanae Takaichi Becomes Japan’s First Woman Prime Minister, Seen as Hardliner on China

Sanae Takaichi Becomes Japan’s First Woman Prime Minister, Seen as Hardliner on China

October 21, 2025
Ex-DGP, Ex-Minister Booked for Son’s Death After Shocking Affair Allegations

Ex-DGP, Ex-Minister Booked for Son’s Death After Shocking Affair Allegations

October 21, 2025
Biocon Chief Meets DK Shivakumar Amid Bengaluru Infrastructure Row

Biocon Chief Meets DK Shivakumar Amid Bengaluru Infrastructure Row

October 21, 2025
US Clarifies $100,000 H-1B Visa Fee, Brings Major Relief for Indian Students and Techies

US Clarifies $100,000 H-1B Visa Fee, Brings Major Relief for Indian Students and Techies

October 21, 2025
Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • About Editor
  • Advertise with us
  • Privacy Policy
  • Contact Us

© 2024 Lagatar News (Lagatar24.com)

No Result
View All Result
  • Home
  • Jharkhand
  • Bihar
  • National & World
  • Business
  • Health & Lifestyle
  • Sports
  • Entertainment
  • Career
  • Tech – Gyan
  • Opinion

© 2024 Lagatar News (Lagatar24.com)