India’s tertiary sector is overwhelmingly dependent on high polluting diesel fuel and a myopic alternative looks far fetched at present. As per a national consensus a naturally occurring resource has been identified in the name of the Jatropha crop. The vast Jatropha plantations and enthusiasm over ‘ethanol’ do look positive. As a more liberal exercise to contain emissions and be economically viable, the government has also brought about measures to significantly curtail pollution levels, while not having to resort to drastic & economical non-viable steps through enforcement of Bharat stage norms. India also holds special advantages when it comes to large-scale production of bio-fuels for the simple reason that the country has a proven cheap manpower cost and an authentic agrarian sector.
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Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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