Assam Ethanol Production Promotion Policy, 2021
The State Cabinet has approved the Assam Ethanol Production Promotion Policy 2021. The Policy shall be valid upto 31st March 2026. Assam’s industries and commerce minister said that Assam is the second State in the country to bring out an ethanol policy, and is thus among the pioneers in the line. The incentives under the Policy to standalone green-field ethanol producing industrial units – catering solely to Oil Manufacturing Companies (OMCs) for blending with petrol and diesel include Capital Subsidy at 20% of the cost of Plant and Machinery, with maximum Rs 5 crores – in addition to the 30% Capital Subsidy under provision of under North East Industrial Development Scheme (NEIDS)2017.
