The central government has put an end to this entire controversy by issuing an official clarification on this.
E20 Petrol: For the past few days, various rumors and confusion have been spreading on social media regarding E20 fuel. E20 in carsPetrolThese rumors claimed that using it could invalidate or cancel the vehicle’s insurance. NowThe central governmentThe entire controversy has been put to rest by issuing an official clarification on this. The government has clarified that E20 fuel is completely safe and does not have any adverse effect on the validity of vehicle insurance.
CentralPetroleumAnd the Ministry of Natural Gas issued a statement saying that the claims of insurance claims being voided due to the use of E20 petrol are completely false. The Ministry has discussed this matter with all insurance companies, relevant institutions and experts. After investigation, it was found that there is no truth in the claims of insurance being voided and it is pure rumour.
There was confusion about E20 fuel.
As the ethanol blending program in the country expanded, various discussions were going on regarding E20 fuel. Especially on social media, information was being widely shared that insurance claims of vehicle owners using E20 petrol could be rejected. Against this backdropThe central governmentThe entire matter was reviewed after discussions with relevant organizations, experts and stakeholders. It was then clarified that E20 fuel does not have any impact on insurance claims.
What is the ministry’s explanation?
According to the Petroleum Ministry, there is no evidence that insurance companies have rejected a vehicle claim or cancelled insurance due to the use of E20 petrol. The ministry clarified that the use of ethanol blended fuel has been successfully used in many countries of the world for many years and the E20 programme in India is also an important step in the same direction.
Already used in many countries
According to the government, E27 has been used as a regular fuel in Brazil for many years. In addition, ethanol-blended fuel is also widely used in the US, Japan and many other countries. Therefore, the ministry has stated that there is no reason to worry about E20 petrol in India.
The country benefited greatly economically.
The ethanol blending program has also benefited India economically. According to government figures, the country has saved more than Rs 1.4 lakh crore in foreign exchange so far. Also, energy security has been strengthened by reducing dependence on crude oil imports. This has also reduced the country’s import costs. According to experts, reducing dependence on imported fuel is becoming important for India’s long-term energy policy.
Farmers also benefit.
Sugarcane, maize and other agricultural products are used for ethanol production. This has increased the demand for these crops and is providing additional income opportunities to farmers. According to the government, the ethanol blending program is boosting the rural economy and also helping in the goal of increasing farmers’ income.
Also beneficial for the environment
E20 fuel helps reduce carbon emissions. Therefore, it is considered an important option in moving towards clean and green transportation. The government says that the ethanol blend is benefiting all three sectors at the same time: environmental conservation, energy self-reliance and rural development.