PRADHAN MANTRI JI VAN YOJANA : SCHEME
NEWS : Cabinet approves Amendment in “Pradhan
Mantri JI-VAN Yojana”
WHAT’S IN THE NEWS ?
Cabinet approves
Amendment in “Pradhan Mantri JI-VAN Yojana” for providing financial support to
Advanced Biofuel Projects using lignocellulosic biomass and other renewable
feedstock
Pradhan Mantri JI-VAN Yojana:
- Launch:
March 2019.
- Objective:
Promote Second Generation (2G) bioethanol production using lignocellulosic
biomass (e.g., cereal straw, bagasse, forest residues).
- Financial Support:
Viability Gap Funding (VGF) with a total outlay of Rs. 1969.50 crore
(2018-19 to 2023-24).
- Implementation:
Overseen by the Centre for High Technology (CHT), under the Ministry of
Petroleum and Natural Gas.
- Projects:
Support for 12 commercial and 10 demonstration 2G Ethanol projects
(divided into two phases).
- Benefits:
- Reduces reliance on food crops by
using non-food feedstocks.
- Contributes to lower greenhouse gas
emissions.
- Prevents biomass burning, enhancing
public health and farmer income.
- Creates jobs and advances 2G Ethanol
technology.
- Supports waste management and the
Swachh Bharat Mission.
- Background:
Linked to the Ethanol Blended Petrol (EBP) programme, aiming for 10%
ethanol blending with petrol.
Recent Updates:
- Enhancement:
The scheme now includes advanced biofuels from lignocellulosic feedstocks
and supports “bolt-on” and “brownfield” projects to further boost biofuel
development and contribute to India's energy security and net-zero
emissions targets.
Source : https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2043925