Read daily news briefs on economic issues collected from different sources.
Ethanol blending in the year 2022-23 is expected to be 12%, whereas the CCEA has approved the rise in the price of ethanol made from sugarcane-based raw materials. [BL]
Russia has exported almost 85% of India’s total pig iron demand in the first half of the current year. Pig iron is the primary raw material for producing steel. [BL]
The government has approved an additional fertilizer subsidy of Rs.51,875 for the winter planting season. This will reduce the input cost of farmers. [ET]
Editors:
Alok Aditya (Junior Research Fellow at ISEC)
Anuradha (Research Assistant at ADRI)
Note: BL – Business Line, BS – Business Standard, FE – Financial Express, ET – Economic Times