AreaIndia

Commodity GroupRice

CommodityAll

Date14/01/2021

Policy CategoryRenewable energy

Policy InstrumentProduction support

DescriptionApproved a five-year interest subvention scheme, including a one-year moratorium on bank loans at 6 percent annual interest or 50 percent of the bank interest rate (whichever is lower), for projects seeking to set up, convert to dual feed or expand facilities producing first-generation ethanol from various feedstocks, including rice.