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Local laws Jharkhand Ministry of Consumer Affairs, Food and Public Distribution Jharkhand Municipal Act, 2011

Issuance of Jharkhand Ethanol Production Promotion Policy, 2022

10-Nov-2022 | 533

The Jharkhand Government under Department of Industries has issued Jharkhand Ethanol Production Promotion Policy, 2022. This scheme shall be available to the grain-based distilleries, setting up new molasses-based distilleries, expansion of existing distilleries, to set up new distilleries, expansion of existing distilleries to produce ethanol from other feed stocks producing ethanol such as sugar beet, sorghum, cereals etc. i. Under the Ethanol Production Promotion Policy 2022, a provision has been made to give a subsidy of 25 percent or a maximum of Rs 30 crore to the investor according to the total investment on opening a factory related to it in Jharkhand. ii. Apart from this, new MSME units will be given interest subsidy at the rate of 6 percent per annum according to the total loan amount. This amount will be up to a maximum of three crore rupees.

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