Lower MSP rise shows govt’s aim to balance farmer, consumer interests: Nomura

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In a report, it also said that MSPs are an important driver of food price inflation when there is public procurement and this, along with other factors such as negative real rural wage growth, should lower food price inflation.

from Agriculture-Economy-News-Economic Times https://ift.tt/35Z0sIp

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Assam’s bamboo-based refinery generates interest among private investors from varied sectors

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The Assam Bio Refinery, a joint venture between Numaligarh Refinery Ltd, Fortum, and Chempolis, plans to manufacture ethanol from bamboo starting in March. The refinery has generated interest from energy sector investors, and the company expects returns on investment to increase from value-added products. India is promoting the production of ethanol from non-food biomass to address shortages of food sources like sugar, maize, and rice. from Agriculture-Economy-News-Economic Times https://ift.tt/Msz0Jl6
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