Current Affairs - State - Discussion
Discussion Forum : State - Latest Current Affairs (Q.No. 419)
419.
Which state received approval for 47 ethanol projects under the Government of India’s loan subsidy initiative?
Answer: Option
Explanation:
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.
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