ethanol: the West Bengal Cabinet decides to frame policies on ethanol, IT
Today, Cabinet approved proposals to frame policies on ethanol production and data processing. Detailed guidelines will be prepared in the coming days. The ethanol policy will help farmers with their economy and attract more investment in the state, “Chatterjee told reporters.
After the cabinet meeting chaired by the chief minister, Chatterjee said several organizations have asked the state to come up with a policy regarding the handling of the data and therefore the decision to develop one has been taken.
The Cabinet also decided to take steps to encourage the engineering and foundry industry in the state, he said.
Ethanol will be used as a biofuel and many investors will come for it. It has the potential to create 48,000 jobs involving an investment of 15,000 crore rupees, Banerjee said Wednesday in Panagarh while laying the foundation stone for a poly film factory there.
Chatterjee said the new West Bengal Industrial Promotion Council, headed by the chief minister, will meet for the first time on September 15.
The council was set up with the aim of facilitating investment in the state, he added.