PM JI-VAN YOJANA

GS Paper III Environment and Ecology

Context:

The Ministry of Petroleum & Natural Gas has given information about the Pradhan Mantri JI-VAN scheme in the Lok Sabha.

About Pradhan Mantri JI-VAN (Jaiv Indhan- Vatavaran Anukool fasal awashesh Nivaran) Yojana:

It was notified in March 2019.
Aims: To provide financial support to integrated bio-ethanol projects for setting up Second Generation (2G) ethanol projects by using lignocellulosic biomass and other renewable feedstocks.
Financial Outlay: Rs. 1969.50 crore for the period 2018-19 to 2023-24.
Financial Assistance: Rs. 150 crore per project for commercial projects and Rs. 15 crore per project for demonstration projects.
Nodal Ministry: Ministry of Petroleum and Natural Gas

Lignocellulosic Biomass

It refers to plant biomass that is composed of cellulose, hemicellulose, and lignin.
For example, cereal straw, bagasse, forest residues, and purpose-grown energy crops such as vegetative grasses.

What is Biofuels:

4.6

Biofuels are renewable fuels derived from organic sources, such as plants, agricultural and forest residues, algae, and animal waste.

Other Steps to Promote 2G Ethanol Plants:

Imposition of additional excise duty on non-blended fuels to encourage ethanol blending.
Off-take assurance by Oil Marketing Companies (OMCs) for 15 years to private stakeholders through Ethanol Purchase Agreements (EPA).
Diversification of feedstock for 2G ethanol production.
Separate price for 2G ethanol
A reduced GST rate of 5% on ethanol for the Ethanol Blending Programme (EBP).

News Source: PIB