India’s grain stockpiles are key to Modi’s pre-election strategy

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India has been forced to curb grain sales and is preparing to import wheat to ease food inflation ahead of next year's general elections. Rice exports have been banned and the government is curbing sales of other grains, adding to the global supply squeeze. The government may scrap a 40 per cent tariff on wheat, which would pave the way for India to import substantial volumes for the first time since 2017.

from Agriculture-Economy-News-Economic Times https://ift.tt/GS0dPHi

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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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