Indias first 2G Ethanol plant in Uttarakhand
PTI Union Minister Harsh Vardhan on Friday inaugurated the country's first second-Generation (2G) Ethanol plant at Kashipur in north Indian state of Uttarakhand. "The technology is suited for both Indian and global needs and it is projected to be capable of converting all types of agricultural residues like bagasse, rice and wheat straw, bamboo, cotton stalk, corn stover, wood chips to ethanol in less than 24 hours, with optimum product yields," the Union Minister for Science Technology and Earth Sciences said. "If successfully operated and scaled-up, it will establish India as a major global technology provider in the arena of renewables and reduction in carbon-emissions, besides effecting considerable savings in import of crude-oil," a statement from the ministry quoting Vardhan said. He said that ...
FM sees FY16 GDP growth at 7.6%
Source: PTI Pegging India's GDP growth rate at 7.6% for the fiscal 2015-16, Finance Minister Arun Jaitley on Thursday said it is "much less" than its potential and expressed hope for better numbers next year. Jaitley also said that India earlier had a bad reputation of not being the best place to do business, but the governments at the Centre and states have made considerable headway in reforming the system. "As the current financial year ends today, we hope to finish this year at 7.6% growth rate which is much less than our potential... we are hopeful that we will do better than this next year.” "Our current account deficit is well under control, inflation rate is under control. In last ...
