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India’s biofuel targets at risk as government cuts rice supply to distilleries
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India, the world’s biggest exporter of rice, imposed a ban on exports of non-basmati white rice to cool domestic prices on July 20.
PHOTO: REUTERS
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NEW DELHI – India could fall short of its biofuel production targets in 2023 because of a rice supply crunch,
The government aims to blend petrol sold in the country with 12 per cent ethanol, produced domestically mostly from sugar cane and rice, by end-October. However, the government-run Food Corporation of India (FCI) stopped supplying surplus rice in early July to distilleries that produce this biofuel.
