Sugaronline India Report – The federal budget’s boost to the Indian sugar industry
16th February 2023
Removal of import duty on denatured ethyl alcohol will increase ethanol supply and support higher blending with petrol.
The last fully-fledged federal budget proposals unveiled by Indian Finance Minister Nirmala Sitharaman emphasises seven priority areas, “green growth” being one of them. Thus, in a move towards promoting sustainable economic growth, the budget aims to substitute 5% of natural gas with that of compressed biogas. Sugar millers often divert part of their raw materials
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