Consider the following statement regarding Pradhan Mantri JI VAN Jaiv Indhan Vatavaran Anukool fasal...........

Geography Renewable Energy

Consider the following statement regarding Pradhan Mantri JI-VAN (Jaiv Indhan- Vatavaran Anukool fasal awashesh Nivaran) Yojana-

1. It aims to provide financial support for setting up project for production of Bio-fuel.

2. Government aims to achieve 10% blending of Ethanol in petrol by 2022.

Which of the above statement/s is/are correct?

Only 1

Only 2

Both 1 and 2

Neither 1 nor 2

छोटे Courses बड़े Results

Master Renewable Energy

Prepare through Micro-courses

Try Now

Explanation:

“Pradhan Mantri JI-VAN (Jaiv Indhan- Vatavaran Anukool fasal awashesh Nivaran) Yojana” under the Ministry of Petroleum & Natural Gas to provide financial support to Integrated Bio- Fuel.

It Aims- To incentivise 2G Ethanol sector and support this nascent industry by creating a suitable ecosystem for setting up commercial projects and increasing Research & Development in this area.The government has set the target to achieve 10% blending percentage of Ethanol in petrol by 2022. The highest ever ethanol procurement stood at around 150 crore litres during 2017-18 which is sufficient for around 4.22% blending on Pan India basis.