Skip to content
Back to Guavy Wire
Commodities

Ramesh Slams E20 Policy: Public Paying Price for Shortsighted Fuel Plan

Instruments
Oil
Share

Congress leader Jairam Ramesh has criticized the Centre's E20 policy, which involves blending 20% ethanol with petrol. He claims that this policy is making food and travel more expensive for the public.

Ramesh points out that diverting sugarcane and grains towards ethanol production could lead to shortages of these products, affecting their prices. He also says that vehicles not designed for E20 fuel may experience reduced mileage and damage.

The Congress leader cites figures showing a rise in sugar and jaggery prices due to the diversion of sugarcane towards ethanol production. Sugar prices have increased from ₹48 to ₹67 per kg, while jaggery has risen from ₹50 to ₹65 per kg over the last three months.

Ramesh also questions why petrol prices have not fallen despite a decline in international crude oil prices and savings claimed from ethanol blending.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc