Cabinet approved the extension of Pradhan Mantri JI-VAN Yojana

Current Context: The Union Cabinet has approved the extension of the Pradhan Mantri JI-VAN Yojana. This scheme, initially launched in 2019, aims to promote the development of advanced biofuels, particularly 2nd Generation (2G) ethanol from surplus biomass and agricultural waste.

• Here are some key updates:
• Extended Implementation Period: The scheme’s duration has been extended by five years, now running through 2028-29.
• Broadened Scope: It now includes biofuels produced from lignocellulosic feedstocks such as agricultural residues, forestry waste, industrial by-products, and algae.
• Eligibility Expansion: “Bolt-on” and “brownfield” projects are now eligible for support.
• Environmental and Economic Benefits: The scheme aims to provide a stable income for farmers, reduce environmental pollution, create local job opportunities, and strengthen India’s energy security.

Question:

1 What is the new extended implementation period for the Pradhan Mantri JI-VAN Yojana?

• A) 2025-26
• B) 2026-27
• C) 2027-28
• D) 2028-29

Answer: D) The Union Cabinet has extended the duration of the Pradhan Mantri JI-VAN Yojana by five years, now running through 2028-29.