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Incentives, local support at state can boost biogas sect, says industry

Business Standard LogoBusiness Standard1w ago

Incentives, local support at state can boost biogas sect, says industry - Business Standard

Quick Summary:

Additional financial assistance, easy access to finance and local support mechanisms are some of the measures that the state governments can take to promote the biogas sector which can help them save Rs 50,000 crore in various means, Indian Biogas Association (IBA) has suggested.

Talking to PTI in an interview, IBA Chairman Gaurav Kedia said, "States can bolster central initiatives for the sector by offering additional financial incentives, facilitating easy access to credit, and providing local support mechanisms".

He stressed that involvement of state governments is critical to achieve the larger goal of self-reliance in energy.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-22 @ 11:48:58 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 618 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22635364

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 145 posts per day

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News Last Updated: 2 hours ago

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Publisher ID: #49

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