Bihar Cabinet has accredited the Ethanol Production Promotion Policy, 2021, changing into the first Indian State to have an ethanol promotion coverage. The coverage permits the extraction of ethanol, which was restricted to sugarcane, from surplus portions of maize as nicely. The new coverage would allow ethanol manufacturing in Bihar from all feedstocks permitted by National Policy on Biofuels, 2018, and subsequently by the National Biofuel Coordination Committee.
The Assembly was knowledgeable of the cupboard resolution by deputy chief minister Renu Devi because the trade minister Shahnawaz Husain was away in poll-bound West Bengal for campaigning. So far, the federal government of India has granted permission for ethanol manufacturing from B-heavy molasses, C-heavy molasses, grains unfit for human consumption, sugarcane juice, sugar, sugar syrup, surplus rice and maize.
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About the coverage:
- The Ethanol Production Promotion Policy, 2021, of Bihar promotes new standalone ethanol manufacturing items by offering them extra capital subsidy at 15% of the price of plant and equipment as much as a most of ₹5 crores.
- The new coverage additionally offers an extra subsidy for particular class buyers like SCs, STs, EBCs, girls, differently-abled, warfare widows, acid assault victims and third gender entrepreneurs.
- In their case, the capital subsidy can be 15.75% of the price of plant and equipment as much as a most of Rs. 5.25 crore. The coverage lays important emphasis on issuing licences and clearances in a timebound method for brand spanking new standalone ethanol items.
Important takeaways for all aggressive exams:
- Chief Minister of Bihar: Nitish Kumar; Governor: Phagu Chauhan.
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