If ethanol becomes Rs 2 lakh crore economy, Rs 1 lakh crore will go to farmers: Nitin Gadkari

In the ongoing farmers’ protest, Road Transport and Highways Minister Nitin Gadkari on December 15 said that if ethanol becomes Rs 2 lakh crore economy, Rs 1 lakh crore will go into pockets of farmers. “Today, there is import of Rs 8 lakh crore crude oil in the country, instead of this, we want to build Rs 2 lakh crore ethanol economy. At present, it is only Rs 20,000 crore. If it becomes Rs 2 lakh crore economy then Rs 1 lakh crore will go into pockets of farmers,” said Gadkari.