National Biofuel Policy Boosts Biodiesel Production and Farmers' Income
The National Policy on Biofuels has significantly enhanced biodiesel production in India by encouraging the use of indigenous feedstocks and offering incentives for biodiesel blending. Measures such as reducing the GST rate for biodiesel procurement and promoting tree-borne oils for biodiesel ensure better income for farmers, particularly in rural and drought-prone regions.
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