Jharkhand cabinet meeting held on Friday approved Ethanol policy along with 25 other proposal.
The Hemant Soren’s government will give subsidy of up to Rs 30 crore for setting up ethanol plant in the state. Under Ethanol Production Promotion Policy, the government will give capital subsidy of up to 25 percent to the investors. This amount has been fixed at 10 crores for small industries and 30 crores for big industries.