Besides, DFPD is implementing a scheme for extending interest subvention @ 6% p.a. or 50% of the interest charged by the banks whichever is lower, for 5 years including 1 year moratorium period, Ministry of Petroleum & Natural Gas said.
The Central Government does not set up ethanol plants on its own in any part of the country. Central Government is however encouraging setting up of Ethanol Plants.
This information was given by the Minister of State for Petroleum and Natural Gas Shri Rameswar Teli in a written reply in the Lok Sabha.
The above news was originally posted on www.indiainfoline.com