If you also drive a vehicle and use petrol in it, then this news is of your use, because the government has taken a big decision regarding the prices of fuel, which will now have a direct impact on the pockets of the people. Presenting the budget, Finance Minister Nirmala Sitharaman said that now from October 1, the price of non-blended fuel will be increased by Rs 2, which means that the price of 1 liter of petrol will increase by Rs 2.
According to the government, this decision is not to earn money from fuel prices but to increase the use of blended fuel in the country because blended fuel does not harm the environment. If we talk about blended fuel, then blended fuel is that in which ethanol is mixed with petrol and its processing is done. The same unblend fuel is completely natural, there is no processing in it. When blended fuel is mixed with ethanol, it does not harm the environment in any way, but unblended fuel is not considered good for the environment.
At the same time, economists have a different side about this move of the government, in one of his interviews, economist Akash Jindal said that this decision of the government is to increase the trend of blended fuel in India, because it makes us less dependent on the countries selling oil. Will, the government has given companies 8 months time, for which they can prepare a setup for making blended fuel. Fuel has to be put into practice.
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