The Cabinet Committee on Economic Affairs has approved the "Pradhan Mantri JI-VAN (Jaiv Indhan- Vatavaran Anukool fasal awashesh Nivaran) Yojana".
The scheme aims for providing financial support to Integrated Bioethanol Projects using lignocellulosic biomass and another renewable feedstock.
The scheme focuses to incentivise 2G Ethanol sector.
Ministry of Petroleum & Natural Gas has targeted to achieve 10% blending percentage of Ethanol in petrol by 2022.
Centre for High Technology (CHT), a technical body under the aegis of MoP&NG, will be the implementation Agency for the scheme.
Government of India launched Ethanol Blended Petrol (EBP) programme in 2003.
Cellulosic ethanol, also known as Second generation (2G) ethanol is not produced from starch or sugar but from cellulose fibers, which are found in abundance in plant cell walls.