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'description' => '<p style="margin-left:0in; margin-right:0in; text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Quicksand",serif">Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi has approved Pradhan Mantri JI-VAN (Jaiv Indhan- Vatavaran Anukool fasal awashesh Nivaran) Yojana. It has been launched as tool to create Second Generation (2G) Ethanol capacity in the country and attract investments in this new sector.</span></span></span></p>
<p style="margin-left:0in; margin-right:0in; text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-family:"Quicksand",serif">Objectives</span></strong></span></span></p>
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<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Quicksand",serif">Provide financial support to Integrated Bioethanol Projects using lignocellulosic biomass and other renewable feedstock.</span></span></span></li>
<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Quicksand",serif">Incentivise 2G ethanol sector and support this nascent industry by creating a suitable ecosystem for setting up commercial projects and increasing R&D in this area.</span></span></span></li>
<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Quicksand",serif">Supplement targets envisaged by Central Government under Ethanol Blended Petrol (EBP) programme.</span></span></span></li>
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<p style="margin-left:0in; margin-right:0in; text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-family:"Quicksand",serif">Features of Scheme</span></strong></span></span></p>
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<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Quicksand",serif">Under it, 12 Commercial Scale and 10 demonstration scale 2G ethanol Projects will be provided a Viability Gap Funding (VGF) support in two phases:</span></span></span></li>
<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-family:"Quicksand",serif">Phase-I (2018-19 to 2022-23):</span></strong><span style="font-family:"Quicksand",serif"> Six commercial projects and five demonstration projects will be supported.</span></span></span></li>
<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-family:"Quicksand",serif">Phase-II (2020-21 to 2023-24):</span></strong><span style="font-family:"Quicksand",serif"> Six commercial projects and five demonstration projects will be supported.</span></span></span></li>
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<p style="margin-left:0in; margin-right:0in; text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-family:"Quicksand",serif">Implementation</span></strong></span></span></p>
<ul>
<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Quicksand",serif">It will be implemented by Centre for High Technology (CHT), a technical body under Union Ministry of Petroleum and Natural Gas (MoP&NG) with total financial outlay of Rs.1969.50 crore for period from 2019 to 2024.</span></span></span></li>
<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Quicksand",serif">Projects under it will reviewed by Scientific Advisory Committee (SAC) of MoP&NG and then will be recommended to Steering Committee of MoP&NG under chairmanship of Secretary, MoP&NG for final approval. </span></span></span></li>
<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Quicksand",serif">Ethanol produced by scheme beneficiaries will be mandatorily supplied to Oil Marketing Companies (OMCs) to enhance blending percentage under EBP Programme.</span></span></span></li>
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<p style="margin-left:0in; margin-right:0in; text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-family:"Quicksand",serif">Benefits</span></strong></span></span></p>
<ul>
<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Quicksand",serif">Help Central Government to meet vision of reducing import dependence by way of substituting fossil fuels with biofuels.</span></span></span></li>
<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Quicksand",serif">Help to achieve Green House Gases (CHGs) emissions reduction targets through progressive blending/ substitution of fossil fuels.</span></span></span></li>
<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Quicksand",serif">Address environment concerns caused due to burning of biomass/crop residues and improve health of citizens.</span></span></span></li>
<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Quicksand",serif">Improve farmer income by providing them remunerative income for their otherwise waste agriculture residues.</span></span></span></li>
<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Quicksand",serif">Create rural and urban employment opportunities in 2G Ethanol projects and Biomass supply chain.</span></span></span></li>
<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Quicksand",serif">Contribute to Swacch Bharat Mission by supporting aggregation of non­food biofuel feedstocks such as waste biomass and urban waste.</span></span></span></li>
<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Quicksand",serif">Indigenize 2G Biomass to Ethanol technologies.</span></span></span></li>
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<p style="margin-left:0in; margin-right:0in; text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-family:"Quicksand",serif">Background</span></strong></span></span></p>
<ul>
<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Quicksand",serif">Central Government had launched EBP programme in 2003 for undertaking blending of ethanol in Petrol to address environmental concerns due to fossil fuel burning, provide remuneration to farmers, subsidize crude imports and achieve forex savings. </span></span></span></li>
<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Quicksand",serif">Under it, OMCs are allowed to blend upto 10% of ethanol in Petrol. Presently, EBP is being run in 21 States and 4 UTs of the country. Petroleum Ministry has set target to achieve 10% blending percentage of Ethanol in petrol by 2022.</span></span></span></li>
<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Quicksand",serif">The National Policy on Biofuel 2018 allows procurement of ethanol produced from molasses and non-food feed stock like celluloses and lignocelluloses material including petrochemical route.</span></span></span></li>
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'description' => '<p style="margin-left:0in; margin-right:0in; text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Quicksand",serif">Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi has approved Pradhan Mantri JI-VAN (Jaiv Indhan- Vatavaran Anukool fasal awashesh Nivaran) Yojana. It has been launched as tool to create Second Generation (2G) Ethanol capacity in the country and attract investments in this new sector.</span></span></span></p>
<p style="margin-left:0in; margin-right:0in; text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-family:"Quicksand",serif">Objectives</span></strong></span></span></p>
<ul>
<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Quicksand",serif">Provide financial support to Integrated Bioethanol Projects using lignocellulosic biomass and other renewable feedstock.</span></span></span></li>
<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Quicksand",serif">Incentivise 2G ethanol sector and support this nascent industry by creating a suitable ecosystem for setting up commercial projects and increasing R&D in this area.</span></span></span></li>
<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Quicksand",serif">Supplement targets envisaged by Central Government under Ethanol Blended Petrol (EBP) programme.</span></span></span></li>
</ul>
<p style="margin-left:0in; margin-right:0in; text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-family:"Quicksand",serif">Features of Scheme</span></strong></span></span></p>
<ul>
<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Quicksand",serif">Under it, 12 Commercial Scale and 10 demonstration scale 2G ethanol Projects will be provided a Viability Gap Funding (VGF) support in two phases:</span></span></span></li>
<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-family:"Quicksand",serif">Phase-I (2018-19 to 2022-23):</span></strong><span style="font-family:"Quicksand",serif"> Six commercial projects and five demonstration projects will be supported.</span></span></span></li>
<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-family:"Quicksand",serif">Phase-II (2020-21 to 2023-24):</span></strong><span style="font-family:"Quicksand",serif"> Six commercial projects and five demonstration projects will be supported.</span></span></span></li>
</ul>
<p style="margin-left:0in; margin-right:0in; text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-family:"Quicksand",serif">Implementation</span></strong></span></span></p>
<ul>
<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Quicksand",serif">It will be implemented by Centre for High Technology (CHT), a technical body under Union Ministry of Petroleum and Natural Gas (MoP&NG) with total financial outlay of Rs.1969.50 crore for period from 2019 to 2024.</span></span></span></li>
<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Quicksand",serif">Projects under it will reviewed by Scientific Advisory Committee (SAC) of MoP&NG and then will be recommended to Steering Committee of MoP&NG under chairmanship of Secretary, MoP&NG for final approval. </span></span></span></li>
<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Quicksand",serif">Ethanol produced by scheme beneficiaries will be mandatorily supplied to Oil Marketing Companies (OMCs) to enhance blending percentage under EBP Programme.</span></span></span></li>
</ul>
<p style="margin-left:0in; margin-right:0in; text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-family:"Quicksand",serif">Benefits</span></strong></span></span></p>
<ul>
<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Quicksand",serif">Help Central Government to meet vision of reducing import dependence by way of substituting fossil fuels with biofuels.</span></span></span></li>
<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Quicksand",serif">Help to achieve Green House Gases (CHGs) emissions reduction targets through progressive blending/ substitution of fossil fuels.</span></span></span></li>
<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Quicksand",serif">Address environment concerns caused due to burning of biomass/crop residues and improve health of citizens.</span></span></span></li>
<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Quicksand",serif">Improve farmer income by providing them remunerative income for their otherwise waste agriculture residues.</span></span></span></li>
<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Quicksand",serif">Create rural and urban employment opportunities in 2G Ethanol projects and Biomass supply chain.</span></span></span></li>
<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Quicksand",serif">Contribute to Swacch Bharat Mission by supporting aggregation of non­food biofuel feedstocks such as waste biomass and urban waste.</span></span></span></li>
<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Quicksand",serif">Indigenize 2G Biomass to Ethanol technologies.</span></span></span></li>
</ul>
<p style="margin-left:0in; margin-right:0in; text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-family:"Quicksand",serif">Background</span></strong></span></span></p>
<ul>
<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Quicksand",serif">Central Government had launched EBP programme in 2003 for undertaking blending of ethanol in Petrol to address environmental concerns due to fossil fuel burning, provide remuneration to farmers, subsidize crude imports and achieve forex savings. </span></span></span></li>
<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Quicksand",serif">Under it, OMCs are allowed to blend upto 10% of ethanol in Petrol. Presently, EBP is being run in 21 States and 4 UTs of the country. Petroleum Ministry has set target to achieve 10% blending percentage of Ethanol in petrol by 2022.</span></span></span></li>
<li style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Quicksand",serif">The National Policy on Biofuel 2018 allows procurement of ethanol produced from molasses and non-food feed stock like celluloses and lignocelluloses material including petrochemical route.</span></span></span></li>
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