Biofuel Drive Impacts Wheat Prices: Maize Diversion Fuels Inflation
India’s push for biofuels, especially the E20 fuel programme, is having an unexpected effect on food prices. The price of wheat and products made from it, such as atta, maida, and suji, has gone up by around 10%. This increase is mainly because maize, a key crop, is being used more for producing ethanol. The…
