Bhopal: Chief Minister Dr. Mohan Yadav has said that Bio Fuel Bio Fuel Scheme-2025 is in line with the basic principles of Prime Minister Shri Narendra Modi’s “Lifestyle for Environment” (LiFE) campaign, which emphasizes responsible consumption and production while prioritizing sustainable development.
Revolutionary initiative
CM said that “Bio Fuel Scheme-2025” is a revolutionary initiative for the economic prosperity of the state, green energy production and employment generation. Under the leadership of Prime Minister Shri Modi, India is touching new heights at the global level in the field of sustainable development and renewable energy. With his inspiration, the Madhya Pradesh government is also making such schemes, which are environmentally friendly in the long term and promote employment generation.
Many concessions for biofuel production plant
The state government has decided to provide land allotment, investment incentives, assistance in infrastructure development and tax concessions for setting up biofuel production plants under this scheme. This will promote entrepreneurship at the local level in the state, farmers will get means of additional income and industrial investment will be promoted. Many facilities like basic investment incentives, grants on infrastructure facilities and exemption in electricity duty are being given for biofuel units, so that the state can be made a major center of biofuel production.
