Page 11 - NIS English 01-15 March,2023

Gifts to Karnataka Nation
BUDGET BOOST TO GREEN ENERGY,
UNPRECEDENTED POSSIBILITIES IN INDIA E20 FUEL WILL SAVE THE NATION 54000 CRORES
ANNUALLY, FARMERS' INCOME WILL INCREASE

Under the Pradhan Mantri Jeevan Yojana, the
government is giving assistance of about Rs 25
thousand crores for the new generation advanced bio-
fuel project. To reduce the import of crude oil, a target
of 20% blending of ethanol by 2025 has
been set. After achieving this target, about
Rs 54 thousand crores
will be saved annually.
The whole world is watching India's determination and efforts in the Due to this, the income of
last 9 years regarding green energy. During this period, not only has the farmers will increase
the capacity of renewable energy increased from 70 GW to 170 GW, by about 49 thousand
but the capacity of solar energy has also increased by 20 times. In the crore rupees annually. Oil
budget for the new financial year 2023-24, a priority capital investment companies will spend Rs 8,000
of Rs 35 thousand crores has been announced to advance the energy crore annually on setting up 2G,
transition and net-zero objectives by 2070, which is increasing the and 3G ethanol plants.
unprecedented possibilities of the energy sector in India.
Prime Minister Narendra Modi launched E20 fuel and uniforms
under the ‘Unbottled’ initiative of Indian Oil and dedicated the twin- MANTRA OF PANCHAMRIT
cooktop model of Indian Oil’s Indoor Solar Cooking System as part of
Energy Week 2023, in Bengaluru on February 6. Green mobility rally Net zero carbon emissions, 2070
was also flagged off. E20 fuel has been initially launched at 84 retail Non-fossil energy capacity 500 GW, 2030
outlets of Oil Marketing Companies in 11 states. Inaugurated the plant
where plastic bottles would be recycled and mixed with cotton to make 50% of energy needs to be met by
cloth. It reduces carbon emissions by 70%. renewable energy, 2030
Regarding the expansion of bio-energy, in August last year the
Prime Minister talked about the first 2G ethanol bio-refinery and said Estimated carbon reduction of 1 billion
that 12 commercial 2G ethanol plants have been proposed to be built. tonnes by 2030.
Talking about the provisions of this year's budget, the Prime Minister
informed about 500 new 'Waste to Wealth' Gobardhan plants, 200 Reduce the carbon intensity of the economy
compressed biogas plants, and 300 community-based plants, which by more than 45% by 2030.
will create new avenues of investment.
PM MODI WEARS A JACKET MADE OF RECYCLED PLASTIC BOTTLE
Prime Minister Narendra Modi arrived at Parliament on February 8
wearing a sleeveless 'Sadri' jacket made from recycled plastic bottles
material. On this noble gesture, a Member of Parliament tweeted, " By
wearing such a jacket, PM Modi has shown that an eco-friendly lifestyle
is not only sustainable but also fashion-friendly." This light blue colored
jacket was presented to PM Modi at the launch event of Indian Oil
Corporation's 'Unbottled' initiative on February 6 in Bengaluru.

to 2014-15. “Four industrial corridors have been started in the
GIVING PACE TO DEVELOPMENT WITH last years and now the number of such corridors is
TUMAKURU INDUSTRIAL TOWNSHIP being increased to a dozen. Now there is an effort to
Prime Minister Narendra Modi laid the foundation provide such facilities to the country's industry which
stone of the Industrial Township under the Chennai- is equipped with plug-and-play infrastructure. That is,
Bangalore Industrial Corridor. This project is included the investors of the country and the world have to set
in the National Industrial Development Program. To up their system and start working. With the creation of
be built in three phases, this township will be spread such facilities, India can realize the dream of becoming
over 8484 acres. Prime Minister Narendra Modi says, the business capital of the world.

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