Versuchen GOLD - Frei

Nature's Fuel

Business Today

|

July 01, 2018

With the Cabinet approving the National Policy on Biofuels, there is renewed hope for a cleaner environment in the not-too-distant future. 

- Anupama Airy

Nature's Fuel

THE UNION CABINET’S approval to the National Policy on Biofuels earlier last month triggered both hope and hesitation. While the industry eagerly awaits the implementation of this policy, it is also cautious, considering our history with biofuels. What does this new policy mean for India and its economy, and have we learnt from the mistakes of our past?

Biofuels, unlike fossil fuels, are a much cleaner, greener and cheaper fuel produced using biomass or biowaste. In this day and age when air quality is highly questionable and global warming most definite, biofuels are our rescue wagon. While it burns similar to a fossil fuel, contextualizing it with our current scenario – a substantial switch from crude oil to biofuels – will largely reduce the emission of greenhouse gases and control air pollution especially in the way it is produced and harnessed.

Thus, the National Policy on Biofuels was a long time coming. If looked at carefully, two major points in the new policy stand out. The first is the aim of the policy to expand the scope of raw materials used towards the generation of biofuels, while the second is the accompanying Viability Gap Funding (VGF) scheme.

CASTING A WIDER NET

Talking about the ‘scope of raw materials’, the policy looks to allow the use of sugarcane juice, sugar containing material, starch containing material and, most importantly, damaged crop like wheat, broken rice and rotten potatoes, which have been deemed unsuitable for human consumption, for ethanol production. Ethanol is the most common biofuel worldwide.

WEITERE GESCHICHTEN VON Business Today

Business Today India

Business Today India

The Start-up She-shift

Women founders are reshaping India's start-up landscape-breaking biases, defying funding gaps, and proving that entrepreneurship is no longer a space they're expected to enter quietly or temporarily

time to read

4 mins

December 21, 2025

Business Today India

Business Today India

The Male Gaze at Work

Can India Inc. truly progress if the male gaze continues to shape women's everyday reality at work?

time to read

5 mins

December 21, 2025

Business Today India

Business Today India

Towards Financial Independence

While gold and FDs were once the default option, today's women are exploring MFs, equities, and other financial products

time to read

5 mins

December 21, 2025

Business Today India

Business Today India

Clothes Maketh A Woman?

Appearance expectations don't always show up as written dress codes or grooming rules. More often, they seep into culture in quiet but powerful ways

time to read

3 mins

December 21, 2025

Business Today India

Business Today India

BEST Management Advice

Learning is a constant process and the world that we live in today demands both un-learning as well as learning. So, work to enhance your skills and build your knowledge

time to read

2 mins

December 21, 2025

Business Today India

Business Today India

Transforming Women's Rights

The Labour Codes will not only unlock the untapped potential of the female workforce but also empower women through increased participation in the economy

time to read

3 mins

December 21, 2025

Business Today India

Business Today India

Ambition versus Biology

Elective egg freezing once largely a medical necessity-has gradually transformed into a planned step in long-term career and life strategy

time to read

4 mins

December 21, 2025

Business Today India

Business Today India

The Silent LOAD

Women are climbing the career ladder, but invisible burdens and structural barriers are still weighing them down

time to read

5 mins

December 21, 2025

Business Today India

Business Today India

Understanding Egg Freezing

For many, egg freezing is not about delaying motherhood; it is about keeping a door open

time to read

3 mins

December 21, 2025

Business Today India

Business Today India

A Bigger Canvas

For Ritu Gangrade Arora, Country Head- India, Allianz Services Pvt Ltd, the latest venture seems like a new beginning

time to read

2 mins

December 21, 2025

Translate

Share

-
+

Change font size