SME Times News Bureau | 10 Aug, 2018
Prime Minister Narendra Modi, will attend an
event to mark World Biofuel Day, at Vigyan Bhawan in New Delhi on Friday.
Modi will address a diverse gathering,
consisting of farmers, scientists, entrepreneurs, students, government
officials, and legislators.
Biofuels can help reduce import dependency on
crude oil. They can contribute to a cleaner environment, generate additional
income for farmers, and generate employment in rural areas.
Therefore, biofuels have synergies with various
Government initiatives, including enhancing farmers' incomes, and Swachh
As a result of the efforts of the Union
Government, ethanol blending in petrol has increased from 38 crore litres in
the ethanol supply year 2013-14, to an estimated 141 crore litres in the ethanol
supply year 2017-18.
The Government also approved the National
Policy on Biofuels in June 2018.