India’s Bioeconomy Potential

Significance

  • Clean Environment and Sustainable Resource Production: Bioeconomy would reduce dependence on fossil fuels, thus reducing carbon emissions and pollution, helping in climate change mitigation. It will also promote sustainable and renewable production.
  • Economic Development: Bioeconomy would help create new employment opportunities by harnessing local labor and increasing opportunities in the agricultural sector.
  • Boosts Agriculture: Increasing farms’ competitiveness by cutting the costs for the purchase of fertilizers and other agro-inputs. Also, crop residues can be sold as biomass feedstock, thereby augmenting farmer’s income.
  • Cuts Import Bill: Promotes use of biofuels which reduces dependence on conventional fuels that are mainly imported. Thus, ....
Do You Want to Read More?
Subscribe Now

To get access to detailed content

Already a Member? Login here


Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.