<p>The production would be taken up from non-edible oil seeds in waste or degraded or marginal lands, Union Information and Broadcasting Minister Ambika Soni said on Thursday after the Cabinet meeting.<br /><br />The food-versus-fuel debate lies at the core of alternate fuel’s growth and acceptability throughout the world. <br /><br />While farmers in some countries prefer to cultivate bio-diesel producing crops in agricultural land, others criticise them for misusing farm land despite knowing there is a global food shortage. <br /><br />An indicative target of 20 per cent blending of bio-fuels, both for bio-diesel and bio-ethanol, by 2017 has been proposed in the national policy.<br /><br />In India, biofuel is currently generated from jatropha and pongamia whereas in other countries ethanol – used as biofuel – is produced from sugarcane as well.<br />Soni said that the government would offer minimum support price for non-edible oil seeds with periodic revision so that fair price can be provided to the growers.<br /><br />At the same time, the minimum purchase price will be offered to purchase bio-ethanol and bio-diesel. The MPP will also be revised periodically. <br /><br />A national bio-fuel fund could be set up to look into issues related to financial incentives, including subsidies and grants, for second generation bio-fuels. If necessary, a National Bio-fuel Fund could be considered. <br /><br />The overall policy contours will be provided by a national bio-fuel coordination committee, headed by the Prime Minister. At the same time, a national level steering committee would be set up to oversee policy implementation.</p>
<p>The production would be taken up from non-edible oil seeds in waste or degraded or marginal lands, Union Information and Broadcasting Minister Ambika Soni said on Thursday after the Cabinet meeting.<br /><br />The food-versus-fuel debate lies at the core of alternate fuel’s growth and acceptability throughout the world. <br /><br />While farmers in some countries prefer to cultivate bio-diesel producing crops in agricultural land, others criticise them for misusing farm land despite knowing there is a global food shortage. <br /><br />An indicative target of 20 per cent blending of bio-fuels, both for bio-diesel and bio-ethanol, by 2017 has been proposed in the national policy.<br /><br />In India, biofuel is currently generated from jatropha and pongamia whereas in other countries ethanol – used as biofuel – is produced from sugarcane as well.<br />Soni said that the government would offer minimum support price for non-edible oil seeds with periodic revision so that fair price can be provided to the growers.<br /><br />At the same time, the minimum purchase price will be offered to purchase bio-ethanol and bio-diesel. The MPP will also be revised periodically. <br /><br />A national bio-fuel fund could be set up to look into issues related to financial incentives, including subsidies and grants, for second generation bio-fuels. If necessary, a National Bio-fuel Fund could be considered. <br /><br />The overall policy contours will be provided by a national bio-fuel coordination committee, headed by the Prime Minister. At the same time, a national level steering committee would be set up to oversee policy implementation.</p>
