The government has imposed a 50 percent export duty on molasses, resulting from the extraction or refining of sugar, with effect from January 18, 2024. This decision, taken by the government, is in response to a sugarcane shortage caused by deficit monsoon rains. The Indian government is ambitious about attaining 20 percent ethanol-blended petrol by … Continue reading Government’s decision of 50 per cent export duty will help secure robust domestic molasses supply for ethanol production: Tarun Sawhney