New Ethanol Policy Threatens Buxar's Nawanagar Factory, Bihar's Industrial Dreams at Risk

• The Nawanagar ethanol factory in Buxar faces closure due to the central government's new ethanol policy, jeopardizing Bihar's industrial hub aspirations.
• The new policy has reduced supply orders for older plants by 50%, making operations financially unviable for entrepreneurs.
• Ajay Singh, CMD of the plant, highlighted that running the factory with a 50% order cut is impossible and has appealed to CM Nitish Kumar for full capacity orders.
• Hundreds of laborers face job loss and a livelihood crisis if the factory closes, as local alternative employment opportunities are limited.
• The crisis raises questions about industrial development policy and its implementation, potentially turning Nawanagar from a development model into an example of unemployment.

Why It Matters: Central government's new ethanol policy threatens Buxar's Nawanagar factory, risking jobs and Bihar's industrial growth.