Which state received approval for 47 ethanol projects under the Government of India's loan subsidy initiative?

A)
Bihar
B)
Punjab
C)
Maharashtra
D)
Uttar Pradesh

Correct Answer :   Bihar


* The Government of India has approved 47 ethanol projects in Bihar for interest subvention on bank loans to establish or expand distilleries.

* Currently, Bihar operates 22 ethanol distilleries, including molasses-based and grain-based units.

* This initiative supports the Ethanol Blended Petrol Program, which aims to achieve a 20% ethanol blending target with petrol by 2025-26, promoting sustainable energy and reducing dependency on fossil fuels.

Published On : December 24, 2024