State-owned FCI, which plans to sell 25 lakh tonne of wheat to bulk consumers, on Friday said that it will start a weekly e-auctioning from February 1 at a reserve price of Rs 2,350 per quintal plus freight cost.
from Agriculture-Economy-News-Economic Times https://ift.tt/p67CWuy
The deficit rainfall in Karnataka has caused crop losses in 42 lakh hectares, worth about Rs 30,433 crore, during the six-month kharif season. The drought has affected agricultural and horticultural crops, leading to a 28% rainfall deficit and the third lowest rainfall in the state since 1973. This has resulted in farmers being unable to sow major crops and has posed a challenge in meeting drinking water needs. from Agriculture-Economy-News-Economic Times https://ift.tt/8SsDEuk
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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