Vast stretch of land identified in North East and West Bengal for rubber cultivation

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Import of NR increased to 546,369 tonnes during 2021-22 compared to 410,478 tonnes during 2020-21. 60% of the import was through duty paid channel. 87.5% of import was in the form of block rubber.

from Agriculture-Economy-News-Economic Times https://ift.tt/5vkx1ME

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NCLAT set aside CCI order imposing penalty on 18 sugar mills, 2 trade associations

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The National Company Law Appellate Tribunal (NCLAT) has set aside a penalty of Rs 38.05 crore imposed by the Competition Commission of India (CCI) on 18 sugar mills and two trade associations. The penalty was related to bid rigging in a joint tender for ethanol procurement. The NCLAT ruled that the CCI's order was illegal and did not comply with the principles of natural justice. from Agriculture-Economy-News-Economic Times https://ift.tt/UwRa5Jc
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