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Modi’s Biofuel Push Comes Under Pressure as Motorists Protest

Modi’s Biofuel Push Comes Under Pressure as Motorists Protest
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Modi’s Biofuel Push Comes Under Pressure as Motorists Protest Indian motorists will gather in New Delhi on Sunday, in the first major protest against a flagship biofuel program intended to reduce crude imports and support farm incomes. The government’s accelerated shift to gasoline with a higher percentage of ethanol — a signature self-reliance policy for Prime Minister Narendra Modi — has angered drivers, whose complaints include weaker fuel efficiency, higher maintenance costs and engine...

Modi’s Biofuel Push Comes Under Pressure as Motorists Protest Indian motorists will gather in New Delhi on Sunday, in the first major protest against a flagship biofuel program intended to reduce crude imports and support farm incomes. The government’s accelerated shift to gasoline with a higher percentage of ethanol — a signature self-reliance policy for Prime Minister Narendra Modi — has angered drivers, whose complaints include weaker fuel efficiency, higher maintenance costs and engine corrosion.
New Delhi (LOCATION) Narendra Modi (PERSON)
Originally published by Bloomberg Markets Read original →