Subsidy, PLI in agriculture industry's Budget 2023 wish list

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Some suggested higher allocation of funds to the rural employment guarantee scheme, saying that it would help increase cash flow to the rural economy. Rural demand has taken a beating across categories, including for FMCG and two-wheelers. Inflation has been hurting households and real wages have fallen - both resulting in sluggish rural spending.

from Agriculture-Economy-News-Economic Times https://ift.tt/Wraz3s9

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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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