August 10, 2024 3:50 PM

Cabinet approves extended Pradhan Mantri JI-VAN Yojana to boost advanced biofuel projects

The Union Cabinet has approved an extension of the Pradhan Mantri JI-VAN Yojana, a key initiative aimed at enhancing the country's advanced biofuel sector. The revised scheme extends its implementation period by five years, now running through 2028-29, and broadens its scope to include biofuels produced from lignocellulosic feedstocks such as agricultural residues, forestry waste, industrial by-products, and algae. The updated Pradhan Mantri JI-VAN Yojana now encompasses "bolt-on" and "brownfie...