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Cabinet approves scheme for increasing ethanol production
The government has been pushing for ethanol production with surplus sugar production depressing sugar prices and consequently increasing the dues of sugarcane farmers
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The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved a modified scheme for extending interest subvention for those setting up grain-based along with molasses-based ethanol distilleries.
The total outlay of the scheme is ₹8,460 crore for increasing India’s ethanol production capacity, with the scheme extended to those setting up distilleries using grain, molasses, dual feed, sugar beet, sweet sorghum, and cereals as a feedstock.