Economy
GOBARdhan scheme aims for 10-fold increase in CBG output
The Hindu7h
THE BRIEF
1
Oil Minister Hardeep Singh Puri launched the ₹23,731-crore GOBARdhan scheme to drive a 10-fold increase in compressed biogas production from organic waste.
2
The initiative targets saving over ₹40,000 crore in fuel imports, adding ₹75,000 crore to GDP, and creating 1.5 lakh jobs.
3
The government offers capital assistance up to ₹30 crore per project and guaranteed offtake of up to 100% output at ₹2,110 per million British thermal units.