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The government just said they saved 1.17 lakh crore from ethanol blending like it's a win for all of us. It isn't, not equally.
ARAI's own tests confirm E20 causes a 2-6% drop in fuel efficiency compared to E10. That's not a rumour, that's the government's own testing agency.
So here's what's actually happening. The country saves foreign exchange because we're importing less crude. But the fuel we're now buying carries less energy per litre, so we're paying for that shortfall every single time we fill our tanks.
The forex account gets healthier but our wallets don't.