The Indian Government has approved the amendments to the National Policy on Biofuels.
Due to advancements in the field of biofuels, various decisions have been taken to increase biofuel production and advance the introduction of ethanol blended petrol with up to 20% blend from next year.
The amendments include allowing more feedstocks for the production of biofuels and promoting the production of biofuels in the country under the Make in India programme.
It will grant permission for the export of biofuels in specific cases, and to delete/amend certain phrases in the policy in line with decisions taken during the meetings of National Biofuel Coordination Committee.
This proposal will also attract and foster developments of indigenous technologies, which will pave the way for a Make in India drive and generate more employment.
The existing National Policy on Biofuels was introduced 2018. This amendment will lead the way in reducing the import of petroleum products by increasing biofuel production.
Since more feedstocks are being allowed for the production of biofuels, this will promote the Atmanirbhar Bharat and give an impetus to Prime Minister's vision of India becoming 'energy independent' by 2047.
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