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AnalysisICRIERMonday, 7 September 2026

India’s E20 Ethanol Push: Are Food Prices Paying the Price?

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Research or analytical publication — an evidence-based assessment informing policy design and evaluation. Shapes the intellectual framework within which policy debates occur.

Key Facts

TypeAnalysis
SourceICRIER
PublishedMonday, 7 September 2026
Affected Population1.4 billion citizens, 63 million MSMEs

Key Numbers

GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
Merchandise exports: $437 billion (2024-25)

Key Authorities

Ministry of FinanceRBISEBIDEAMinistry of Commerce & Industry

Key Stakeholders

TaxpayersBanks & NBFCsInvestorsExportersImportersMSMEs

Government Context

NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight

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