Current Affairs · State Development Strategies
In what way does the Uttar Pradesh Excise Export Policy 2026–29 utilize the state's standing as a leading ethanol producer to bolster its economic profile?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1By scaling up the export of ethanol and alcohol-related products to earn foreign and inter-state revenue✓
- 2By shifting the fiscal focus toward increasing state-level consumption taxes on ethanol-derived spirits
- 3By prohibiting the inter-state trade of ethanol to ensure a surplus for domestic industrial growth
- 4By subsidizing the conversion of all grain-based distilleries into purely molasses-based ethanol plants
Correct answer
By scaling up the export of ethanol and alcohol-related products to earn foreign and inter-state revenue
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