Union Budget 2023: Abolition of GST & mandi tax among requests from the agritech sector

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The agritech sector wants the Union Finance minister to abolish the GST and mandi tax on agricultural produce brought from Farmers Producer Organisations (FPOs) and provide incentives or schemes for new crop and technology adoption by farmers

from Agriculture-Economy-News-Economic Times https://ift.tt/5ROz9VB

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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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