Source: ET Subject: Economy Context: The Union Cabinet has approved the rationalisation of royalty rates for four critical minerals — Graphite, Caesium, Rubidium, and Zirconium — to promote domestic production. About Cabinet Approves New Royalty Rates for 4 Critical Minerals: What is Royalty Rate? It is a charge levied by the government on mineral producers …
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Source: NIE Context: Prime Minister of India inaugurated India’s first bamboo-based ethanol plant at Numaligarh Refinery, Golaghat, Assam, and laid the foundation stone of a polypropylene plant. About India’s First Bamboo-Based Ethanol Plant in Assam: What it is? A bioethanol plant that converts bamboo biomass into 2G ethanol, a renewable alternative to fossil fuels. Part …
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GS Paper 3: Topics Covered: Conservation related issues. Context: The Indian Sugar Mills Association (ISMA) has called for a faster launch of flex-fuel vehicles (FFVs) to achieve 20 per cent of ethanol blending. What are flexible fuel vehicles (FFVs)? An FFV is a modified version of vehicles that could run both on gasoline …
GS Paper 3: Topics Covered: Conservation related issues. Flex Fuel Vehicles Context: Union Minister of Road Transport and Highways, Nitin Gadkari, has for long been advocating the use of flex-fuel to power cars and motorcycles sold in India. Recently, at an industry event, the transport minister revealed that he has issued an advisory to all …
