Recently launched Global Biofuels Alliance (GBA) will help to accelerate India's existing biofuels programs such as
I. GOBARdhan Scheme
II. PM-JIVAN Yojana
III. SATAT Yojana
IV. KUSUM
It will help accelerate India’s existing biofuels programs such as PM-JIVANYojna, SATAT, and GOBARdhan scheme, thereby contributing to increased farmers’ income, creating jobs and overall development of the Indian ecosystem. The global ethanol market was valued at USD 99.06 billion in 2022 and is predicted to grow at a CAGR of 5.1% by 2032 and surpass USD 162.12 billion by 2032.
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