Extra Neutral Alcohol

Recently, Indian alcohol manufacturers have approached NITI Aayog, seeking exemption of import duty on Extra Neutral Alcohol (ENA).Consider the following statements about the ENA:

  1. Extra Neutral Alcohol is a byproduct of the sugar industry, and is formed from molasses that are a residue of sugarcane processing.
  2. It is the primary raw material for making alcoholic beverages.

Choose the correct answer from the codes given below:

Only 1
Only 2
Both 1 and 2
Neither 1 nor 2