Bio-energy is a renewable source of energy derived from organic materials such as plant and animal matter. In India, bio-energy plays a significant role due to its potential to address multiple challenges, including energy shortages, environmental sustainability, and rural development.
1. Renewable Energy Source: India faces increasing energy demands, especially in rural and remote areas. Bio-energy offers a renewable and sustainable energy source by utilizing agricultural waste, forest residues, and animal manure. This can help reduce reliance on fossil fuels, ensuring long-term energy security.
2. Waste Management: Bio-energy is produced from organic waste, which helps address waste disposal issues, particularly in urban and rural areas. By converting agricultural residues and other waste into energy, it minimizes environmental pollution and encourages recycling.
3. Reduction in Greenhouse Gas Emissions: Bio-energy is considered a cleaner energy source as compared to traditional fossil fuels. It helps reduce greenhouse gas emissions, thus contributing to India's commitment to combating climate change and promoting sustainable development.
4. Economic Growth and Job Creation: The development of bio-energy projects promotes local economic growth, particularly in rural areas. It provides employment opportunities in agriculture, technology development, and energy production, thereby enhancing economic stability in underserved regions.
5. Improved Energy Access: Bio-energy technologies such as biogas and biomass plants can provide clean and affordable energy to rural areas, where conventional electricity supply is often unreliable. This contributes to improving the quality of life by meeting basic energy needs.
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Union Food and Consumer Affairs Minister said that the Central Government has taken many proactive steps in the past few years to control retail prices of food items. He said that the government aims to keep inflation under control without compromising the country’s economic growth. Retail inflation inched up to a three-month high of 5.55% in November 2023 driven by higher food prices. Inflation has been declining since August 2023, when it touched 6.83%. 140 new price monitoring centres had been set up by the Central Government to keep a close watch on wholesale and retail prices of essential commodities. The Government has banned the export of many food items like wheat, broken rice, non-basmati white rice, onions etc. It has also reduced import duties on edible oils and pulses to boost domestic supply and control price rise. On the basis of the given text and common understanding,
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