Agriculture sector records new business registration growth at 103% in FY21

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The birth rate of new businesses showed a healthy pace of growth from 7.8 per cent in FY16 to 10.2 per cent in FY20 and further to 11.6 per cent in FY21, despite the pandemic and subsequent waves of lockdown.

from Agriculture-Economy-News-Economic Times https://ift.tt/3iCl8f8

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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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