The Ethanol Illusion: Government’s Mirage, Corporate Jackpot
Road Transport Minister Nitin Gadkari’s 'Ethanol Masterstroke' is less about sustainability and more about lining the pockets of powerful sugar barons. While the pollution-busting 2G stubble model completely collapsed, an Infinite Profit Loop was quietly engineered for agri-corporates like Bajaj Hindusthan and Renuka Sugars. Backed by Gadkari's deep home-state sugar lobby and aggressive pressure from AIDA (All India Distillers' Association), the government issued a Confidential Gazette Notification [G.S.R. 404(E)], cementing massive tax cuts and funneling ₹94,000 crore in assured revenue straight into corporate balance sheets. As a direct result of this institutional nexus, stocks of giants like Dhampur Bio-Organics are skyrocketing, while India's critical groundwater table is being pumped dry and subsidized FCI food grains are burned as fuel, triggering severe food inflation. The ultimate fraud is on everyday consumers rushing for E20/E100 fuel; they are paying the price through a 5% to 10% drop in mileage and catastrophic engine corrosion. The toxic, unchecked pollution in Meghalaya's Byrnihat is living proof that this "Green Transition" is nothing but a ruthless Corporate Mirage funded entirely by cutting into the common man's pocket!...
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