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Benefits
♤ Employment: Making ethanol from bamboo in North-East, lakhs of people will get employment and several industries will come up, on the lines of successful industries in Italy. There is a potential to manufacture 40,000 litres of second generation ethanol here.
♤ Environment-friendly: For ex: Flex-fuel cars in Brazil run on new ethanol and pollution is minimal.
♤ Boost to ethanol production could cut India's huge crude oil imports bill, pegged at Rs 7 lakh crore per annum.