Normal monsoon forecast eases crop and growth concerns for India

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Hundreds of millions of farmers across Asia’s third-largest economy depend on the annual monsoon to nourish their fields. Ample rains may boost production of crops like rice, soybeans, corn and sugar cane, helping to lower food prices and aiding the government’s efforts to cool inflation.

from Agriculture-Economy-News-Economic Times https://ift.tt/elsNEY5

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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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