OMCs to Float Tender for Supply of 110 Crore Litres of Ethanol Exclusively for FCI Rice
by Prabhudatta Mishra (The Hindu Business Line) Last week, the government lowered the issue price of rice to be sold to distilleries for making ethanol to ₹22.50/kg, as against the economic cost of ₹39.75/kg, effectively subsidising ₹17.25/kg from public exchequer -- Oil marketing