Through biofuel blending country saved 91,000 crore rupees on import bill

The Union Minister for Petroleum and Natural Gas has said through biofuel blending the country has saved 91,000 crore rupees on the import bill.

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The Union Minister for Petroleum and Natural Gas has said through biofuel blending the country has saved 91,000 crore rupees on the import bill.

Biofuels are liquid fuels produced from renewable biological sources, such as plants, algae or animal waste.

Global Biofuel Alliance (GBA)

It is a multi-stakeholder initiative to increase the use of sustainable biofuels globally.
It was launched during India’s G20 Presidency in 2023.
Members: 25 countries and 12 international organisations including India, USA, UAE, Brazil, Italy, Mauritius, Singapore etc.

UPSC PYQ

Q. According to India’s National Policy on Biofuels, which of the following can be used as raw materials for the production of biofuels? (2020)