Growth of Indian economy has been tremendous since last few years. Lot of foreign investment is flowing in Indian markets; there are demands of Indian products. India is exporting as well as importing on large scales. With so much development of the Indian economy, there is still more than 30% of the total population which is below the poverty line. With limited resources all over the world, nature is alarming us on every move of ours.

Understanding Bio Fuel:

India’s oil resources are limited which is the major reason for gas price hike. We are looking towards bio fuels to reduce the spiraling foreign oil import costs, and to mitigate pollution and global warming associated with the use of fossil fuels.

Bio fuel is the transforming of food into fuel. Crops used for the produc-tion of bio fuels are called bio fuel crops and presently, crops like maize, rapeseed, sugarcane, canola, jatropha, karanj, sunflower, kassava, sweet sorghum, switch grass, sugar beat and soybeans are in use. In near future, crops like wheat, rice and cereals are expected era of bio fuel crops. The intriguing benefits of using bio fuel includes easing poverty, reducing air pollution, better self-sufficiency in energy production, mitigating global warming, and rehabilitating degraded wastelands. Fuels made from bio fuel crops will soon be the next leap in a smooth transition from peak oil to a natural fuel economy.

Bio fuel & Its Effects:

With the rise in population in the world, the resourses are not increasing. These two facts are setting off warning bells around the world. As interest increases in the use of bio fuels to offset dependence on fossil fuels, there are challenges on many fronts. Bio fuel production is going to require a significant land base to meet future production expectations.

Agro-fuels made from food crops might be replaced with environ-mentally-friendly crops like fast-growing trees and switch grass. The issue ‘which crops are converted to fuel’ is irrelevant. Even wild plants cultivated as fuel crops won't have a smaller "environmetnal footprint" because commercialization will transform their ecology. With genetic engineering of plants with less lignin and cellulose, the industry aims to produce cellulose agro-fuel crops that break down easily to liberate sugars, especially fast-growing trees. But, given the demonstrated promiscuity of genetically-engineered crops, we can expect massive genetic contamination. Agro-fuels will serve as the genetic Trojan horse, allowing to fully colonize both fuel and food systems.

Bio fuels Prospects:

It's an opportunity knocking at our doors to be actually able to produce something of so much relevance which will allow farmers to make a reasonable living. The challenge lies in making certain that the bio fuel production aims at uplifting the poor section of the society and provide them with a means of livelihood. Plants, grass and non-edible crops sown particularly on the drylands or contaminated fields, often neglected compared to agricultural land, can contribute importantly to a bio-fuelled future.