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State signs MoU of Rs 3300 crore with 18 investors for setting up bio ethanol plant

Mineral enriched state Chhattisgarh has geared up to promote less polluting industry in the state under industrial policy industrial policy 2019-2024.

While speaking to the public on Lokvani radio programme Chief Minister Bhupesh Baghel announced, under the new industrial policy food, ethanol, electronic, defence, medicine and solar energy based new industries have been given preference.

We have signed MoU with 18 investors for investment of Rs 3300 crore, which will create employment for more than two thousand people, CM Baghel said.

We have also asked the Central Government for permission to produce ethanol from paddy, if we get the permission, we would be able to utilize the bumper production of paddy in a proper way to produce ethanol on a large scale, he mentioned.

This would generate employment for a large number of people and would also help in providing better value of crops to the paddy producing farmers, thereby improving their financial condition, the CM said.

The above news was originally posted on www.freepressjournal.in

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Sugar Times Teamhttps://www.sugartimes.co.in
The Sugar Times Editorial Team is a group of experienced journalists, analysts, and industry experts dedicated to providing in-depth coverage and insights on the global sugar industry. With years of experience in agriculture, trade, sustainability, and market trends, the team brings a wealth of knowledge and expertise to every article they produce.Focused on delivering accurate, timely, and relevant news, the Sugar Times Editorial Team aims to keep industry professionals, stakeholders, and enthusiasts informed on key developments in sugar production, trade policies, innovations, and sustainable practices. Their collective goal is to help readers navigate the complexities of the sugar sector and stay ahead of emerging trends shaping the future of the industry.You may submit your article on info@sugartimes.co.in if you have valuable contributions for the industry readers.
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