Gå ubegrenset med Magzter GOLD

Gå ubegrenset med Magzter GOLD

Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare

$149.99
 
$74.99/År

Prøve GULL - Gratis

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.

FLERE HISTORIER FRA Business Today

Business Today India

Business Today India

MANAGING THE GREAT MBA MIGRATION

WITH VISA CHANGES AND COST PRESSURES SHAKING UP THE GLOBAL MBA SCENE, INDIAN STUDENTS ARE RETHINKING STRATEGY, DESTINATIONS, AND FINANCIAL PLANNING FOR THEIR OVERSEAS DREAMS

time to read

5 mins

December 07, 2025

Business Today India

Business Today India

TOWARDS GLOBAL RANKINGS

Indian B-schools are thriving in career and alumni outcomes but research and thought leadership remain critical to make a global mark

time to read

3 mins

December 07, 2025

Business Today India

Business Today India

TRAINING THE LEADERS

B-SCHOOLS ARE MAKING EXECUTIVE MBAS FLEXIBLE, PERSONALISED AND TECHNOLOGY-DRIVEN

time to read

4 mins

December 07, 2025

Business Today India

Business Today India

HOW WE PICKED THE WINNERS

A DETAILED LOOK INTO THE METHODOLOGY AND PROCESS FOLLOWED FOR THE BT-MDRA INDIA'S BEST B-SCHOOLS SURVEY 2025

time to read

3 mins

December 07, 2025

Business Today India

Business Today India

FOREIGN RETURNED

SEVERAL STUDENTS ARE PURSUING MANAGEMENT EDUCATION OVERSEAS ONLY TO RETURN AND CREATE AN IMPACT IN INDIA

time to read

5 mins

December 07, 2025

Business Today India

Business Today India

REDEFINING SUCCESS

In a rapidly changing world, institutions need to embrace a more holistic approach, one that recognises learning quality and student well-being

time to read

2 mins

December 07, 2025

Business Today India

Business Today India

I FOR INNOVATION

At SPJIMR, the focus over the last year has been on innovation, an area that the institute aims to link with societal impact

time to read

3 mins

December 07, 2025

Business Today India

Business Today India

"B-SCHOOLS PREPARE LEADERS WHO CAN NAVIGATE UNCERTAINTIES"

Francesca Cornelli, Dean, Northwestern University's Kellogg School of Management, on geopolitical uncertainties, disruptions affecting businesses, and more

time to read

3 mins

December 07, 2025

Business Today India

Business Today India

THE START-UP SCHOOL

From adding courses in areas such as AI and sustainability to supporting more than 250 start-ups, IIML has been expanding steadily

time to read

2 mins

December 07, 2025

Business Today India

Business Today India

STRENGTHENING LEGACY

IIMC stays its ground despite job market pressures, launches cutting-edge courses in AI, corporate sustainability, and private equity

time to read

2 mins

December 07, 2025

Translate

Share

-
+

Change font size