IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/94719.html

India’s Biodiesel Programme: A Pathway for Sustainable Entrepreneurship, Employment Generation and Inclusiveness

Author

Listed:
  • Biswas, Pradip
  • Verma, Jyotiprakash
  • Pohit, Sanjib

Abstract

The biodiesel programme introduced by the Government of India in the beginning of this century represents a unique case of the development of numerous sustainable entrepreneurs, substantial employment generation for the poor and reduction of carbon footprints without compromising food security and thus promote equity and social justice. It is estimated that a 20% biofuel blending through domestic feedstock production would create 6.37 million sustainable entrepreneurs and185.15 million man-days per year by 2020. Given the availability of wasteland in the country this target is achievable. The two most important factors that restrained the success of the programme are the uncertainties in yield and seed prices for the farmers. As the domestic price of petroleum is linked to global crude price, any decline in the price of crude in the world market would reduce the feedstock prices in the local market. It therefore requires fixing minimum support prices for seeds and stabilizing yield at higher level through R&D. Given all this potential benefits and the recent trend of jobless growth in the country the programme deserves to be implemented more vigorously.

Suggested Citation

  • Biswas, Pradip & Verma, Jyotiprakash & Pohit, Sanjib, 2018. "India’s Biodiesel Programme: A Pathway for Sustainable Entrepreneurship, Employment Generation and Inclusiveness," MPRA Paper 94719, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:94719
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/94719/1/MPRA_paper_94719.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Hockerts, Kai & Wüstenhagen, Rolf, 2010. "Greening Goliaths versus emerging Davids -- Theorizing about the role of incumbents and new entrants in sustainable entrepreneurship," Journal of Business Venturing, Elsevier, vol. 25(5), pages 481-492, September.
    2. Joleen A. Timko & Aklilu Amsalu & Emmanuel Acheampong & Mesfin K. Teferi, 2014. "Local Perceptions about the Effects of Jatropha ( Jatropha curcas ) and Castor ( Ricinus communis ) Plantations on Households in Ghana and Ethiopia," Sustainability, MDPI, vol. 6(10), pages 1-18, October.
    3. Ingrid Verheul & Sander Wennekers & David Audretsch & Roy Thurik, 2001. "An Eclectic Theory of Entrepreneurship: Policies, Institutions and Culture," Tinbergen Institute Discussion Papers 01-030/3, Tinbergen Institute.
    4. Shah, Syed Hasnain & Raja, Iftikhar Ahmed & Rizwan, Muhammad & Rashid, Naim & Mahmood, Qaisar & Shah, Fayyaz Ali & Pervez, Arshid, 2018. "Potential of microalgal biodiesel production and its sustainability perspectives in Pakistan," Renewable and Sustainable Energy Reviews, Elsevier, vol. 81(P1), pages 76-92.
    5. Wennekers, Sander & Thurik, Roy, 1999. "Linking Entrepreneurship and Economic Growth," Small Business Economics, Springer, vol. 13(1), pages 27-55, August.
    6. Pradhan, Anup & Mbohwa, Charles, 2014. "Development of biofuels in South Africa: Challenges and opportunities," Renewable and Sustainable Energy Reviews, Elsevier, vol. 39(C), pages 1089-1100.
    7. Hall, Jeremy K. & Daneke, Gregory A. & Lenox, Michael J., 2010. "Sustainable development and entrepreneurship: Past contributions and future directions," Journal of Business Venturing, Elsevier, vol. 25(5), pages 439-448, September.
    8. Kumar Biswas, Pradip & Pohit, Sanjib & Kumar, Rajesh, 2010. "Biodiesel from jatropha: Can India meet the 20% blending target?," Energy Policy, Elsevier, vol. 38(3), pages 1477-1484, March.
    9. Pohit, Sanjib & Biswas, Pradip Kumar & Kumar, Rajesh & Goswami, Anandajit, 2010. "Pricing model for biodiesel feedstock: A case study of Chhattisgarh in India," Energy Policy, Elsevier, vol. 38(11), pages 7487-7496, November.
    10. Pohit, Sanjib & Biswas, Pradip Kumar & Kumar, Rajesh & Jha, Jaya, 2009. "International experiences of ethanol as transport fuel: Policy implications for India," Energy Policy, Elsevier, vol. 37(11), pages 4540-4548, November.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ana Venâncio & Inês Pinto, 2020. "Type of Entrepreneurial Activity and Sustainable Development Goals," Sustainability, MDPI, vol. 12(22), pages 1-25, November.
    2. Kumar Biswas, Pradip & Pohit, Sanjib, 2013. "What ails India's biodiesel programme?," Energy Policy, Elsevier, vol. 52(C), pages 789-796.
    3. Céline Bérard & Christelle Bruyere & Séverine Saleilles, 2015. "Sustainability-driven and high-growth SMEs: A paradox approach [Las PYME de sostenibilidad impulsada y el alto crecimiento: Un enfoque por las paradojas]," Post-Print halshs-01354704, HAL.
    4. Sudip Das, 2018. "Achievements and misses of the Indian national policy on biofuels 2009," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 0(2), pages 5-30.
    5. Régis Y. Chenavaz & Alexandra Couston & Stéphanie Heichelbech & Isabelle Pignatel & Stanko Dimitrov, 2023. "Corporate Social Responsibility and Entrepreneurial Ventures: A Conceptual Framework and Research Agenda," Sustainability, MDPI, vol. 15(11), pages 1-30, May.
    6. Sjoerd Beugelsdijk & Niels Noorderhaven, 2004. "Entrepreneurial attitude and economic growth: A cross-section of 54 regions," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 38(2), pages 199-218, June.
    7. Roy Thurik & Lorraine Uhlaner, 2004. "Post-Materialism: A Cultural Factor influencing Total Entrepreneurial Activity across Nations," Scales Research Reports N200321, EIM Business and Policy Research.
    8. Leitão, João & Ferreira, João, 2007. "Liberalization of European Telecommunications and Entrepreneurship: Why German and Portuguese Experiences are so Equal and so Different?," MPRA Paper 5728, University Library of Munich, Germany.
    9. Roy Thurik & Isabel Grilo, 2005. "Latent and actual entrepreneurship in Europe and the US: some recent developments," Papers on Entrepreneurship, Growth and Public Policy 2005-24, Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group.
    10. Hokey Min & Yohannes Haile, 2021. "Examining the Role of Disruptive Innovation in Renewable Energy Businesses from a Cross National Perspective," Energies, MDPI, vol. 14(15), pages 1-19, July.
    11. Noman Arshed & Ramla Rauf & Samra Bukhari, 2024. "Empirical Contribution of Human Capital in Entrepreneurship," Global Business Review, International Management Institute, vol. 25(3), pages 683-704, June.
    12. Alexander Chepurenko, 2015. "Entrepreneurship Theory: New Challenges and Future Prospects," Foresight-Russia Форсайт, CyberLeninka;Федеральное государственное автономное образовательное учреждение высшего образования «Национальный исследовательский университет «Высшая школа экономики», vol. 9(2 (eng)), pages 44-57.
    13. Aikaterini Argyrou & Nicolas Chevrollier & Andre Nijhof, 2023. "The versatile role of sustainable market entrepreneurs in market transformation: An intervention framework for institutional change," Business Strategy and the Environment, Wiley Blackwell, vol. 32(1), pages 259-273, January.
    14. Torbjörn Ljungkvist & Jim Andersén, 2021. "A taxonomy of ecopreneurship in small manufacturing firms: A multidimensional cluster analysis," Business Strategy and the Environment, Wiley Blackwell, vol. 30(2), pages 1374-1388, February.
    15. Heshmati, Almas, 2015. "A Review of the Circular Economy and its Implementation," IZA Discussion Papers 9611, IZA Network @ LISER.
    16. Chun Jiang & Amei Feng & Chunhuan Xiao, 2021. "Does Capital Account Liberalization Spur Entrepreneurship: The Role of Financial Development," Sustainability, MDPI, vol. 13(16), pages 1-19, August.
    17. Denise Fischer & Malte Brettel & René Mauer, 2020. "The Three Dimensions of Sustainability: A Delicate Balancing Act for Entrepreneurs Made More Complex by Stakeholder Expectations," Journal of Business Ethics, Springer, vol. 163(1), pages 87-106, April.
    18. Muñoz, Pablo & Dimov, Dimo, 2015. "The call of the whole in understanding the development of sustainable ventures," Journal of Business Venturing, Elsevier, vol. 30(4), pages 632-654.
    19. Miguel-Angel Galindo-Martín & María-Soledad Castaño-Martínez & María-Teresa Méndez-Picazo, 2020. "The Relationship between Green Innovation, Social Entrepreneurship, and Sustainable Development," Sustainability, MDPI, vol. 12(11), pages 1-19, June.
    20. Kathrin Bischoff, 2021. "A study on the perceived strength of sustainable entrepreneurial ecosystems on the dimensions of stakeholder theory and culture," Small Business Economics, Springer, vol. 56(3), pages 1121-1140, February.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • Q21 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Demand and Supply; Prices
    • Q29 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Other

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:94719. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.