Rs 50,000 crore forex saved by blending ethanol with petrol in 7-8 years: PM Modi

Prime Minister Narendra Modi on Wednesday said the country saved Rs 50,000 crore in foreign exchange by blending ethanol with petrol in the last seven-eight years. Dedicating the second-generation ethanol plant of India Oil Corporation to the nation here, Modi said that the same amount of Rs 50,000 crore has gone to farmers.