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Govt notifies revised scheme to produce 1G ethanol by Anjali Devri





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Govt notifies revised scheme to produce 1G ethanol by
Article Posted: 01/18/2021
Article Views: 144
Articles Written: 48
Word Count: 330
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Govt notifies revised scheme to produce 1G ethanol


 
Business,Business News,Business Opportunities
As to meet out the necessity of ethanol generation capability in the country, the Department of Food & Public Distribution has amended before scheme & notified the modified scheme for expanding financial aid to project disciples for enhancement of their ethanol distillation ability or to set up distilleries for produce 1st Generation (1G) ethanol from feed commodities. In this article, we will talk with about Govt notifies modified scheme.

New Govt notifies modified scheme

The Ministry of Consumer Affairs, Food & Public Distribution has published the new modification scheme to enhance ethanol distillation capacity in the country for creating 1st Generation (1G) ethanol from products such as fibres (rice, wheat, barley, corn & sorghum), sugarcane, sugar beet etc.

For working assistance under this scheme, the sugar mills/distilleries/entrepreneurs would be obliged to submit a petition in the prescribed proforma to DFPD within 30 days.

The Chief Secretaries of all State Governments/ UTs have been formulated to facilitate the scheme to the entrepreneurs of their state and facilitate them to participate in the scheme so that the mark set by the Government could be fulfilled the well within the timeline.

Advantages of Modified Scheme

This scheme would not only facilitate the recreation of additional sugar to ethanol but would also enable farmers to diversify their crops to cultivate particularly maize/corn which requires lesser water compared to sugarcane and rice.

Also, it is important to obtain FSSAI Registration for the businesses to expand the structure of the production. It would improve the creation of ethanol from several feedstocks thereby, facilitate in achieving blending victims of ethanol with petrol and would lessen import reliance on crude oil, thereby, realizing the goal of Atmanirbhar Bharat.

Crucial Points Regarding Modified Scheme

There are various crucial points under this modified scheme-

Under the scheme, the Government would receive interest subvention for five years including one-year moratorium against the loan benefited by the project. Know more about Govt notifies modified scheme to produce 1G ethanol.

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