Coffee producers urge finance minister Nirmala Sitharaman to restructure Rs 5,000-crore outstanding loans

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The industry has sought conversion of the crop loans to term loans, an increase in the repayment period to seven years with a three- year moratorium and reduction in the interest rate on loans to 3%.

from Agriculture-Economy-News-Economic Times https://ift.tt/3AeGUv3

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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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