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Economy News, Latest Economic News Today | The HinduBusinessLine

GE, HAL clinch tech deal on joint jet engine plan India rejects USTR allegations, seeks termination of Section 301 probe Indian automobile sales record highest-ever sales in FY26, first time after FY19: SIAM Madhya Pradesh CM says basmati rice from the State is exported to 47 nations 63 Moons’ cybersecurity arm pilots GPS-spoofing solution at Indian airports Highways ministry notifies amendment to streamline fee for overloaded vehicles on NHs Global aviation crisis deepens as fuel shortage, Iran conflict hit airlines TRI launches agri-voltaic project to help farmers earn double income Hotel industry to hit $31 billion in 2029; listed hotel firms set to add 70k rooms by 2030: CBRE Temperatures may trend up over North-West, Central India until weekend Reduction in airport tariff credit neutral, minimal impact on revenue: Ind-Ra Global coffee prices rise as fertiliser costs and West Asia tensions threaten supply Bluspring Enterprises to acquire LSG Sky Chefs India, enters aviation catering sector China says policy to improve relations with India remains unchanged amid Arunachal naming row Research firms divided over impact of below normal monsoon on food inflation Unnat Krishi Mahotsav concludes, farmers to emerge as energy, fuel & hydrogen providers, says Gadkari Airlines may get ₹5,000 crore credit support under proposed ECLGS variant How kashmir’s breakthrough is making Gucchi mushroom farming possible Centre not taking away State’s power on bonus for agri produces, says FM Sitharaman Carriers cut flights on cost pressures, uncertain demand GE Aerospace scales AI from pilots to production; India anchors global capability West Asia crisis may push India’s current account deficit to 2% of GDP: Crisil Tax Dept to resume Tiger Global reassessment, says GAAR relief won’t alter SC ruling Ceasefire talks fail to restore vessel movement in Strait of Hormuz, fate of 599 ships remain inconclusive DMRC launches mid-life refurbishment of Blue Line trains to enhance safety and passenger experience Retail inflation likely rose 3.5-4% in March India-UK free trade pact may come into force from second week of May: Official 'West Asia war a good opportunity for energy reforms, lower costs for industry' India’s marine exports surge to ₹62,408 crore in 2024-25, Govt sets ₹1 lakh crore target PM Modi to inaugurate Dehradun-Delhi Expressway on April 14 India’s economic growth journey huge opportunity for international partners: Kwatra From diesel to daylight: How government solar schemes are powering India’s farmers The next energy leap: Replicating ethanol’s success in diesel Delhi EV Policy: Electric 3-Wheelers Only by 2027, 2-Wheelers by 2028 Windfall levy on export bound diesel, ATF raised India-flagged LPG tanker Jag Vikram crosses Strait of Hormuz after US-Iran ceasefire Muted pricing power, rising costs to curb benefits of demand in cement sector: HDFC Securities Central Railway to run four special local trains for Ambedkar Jayanti Cotton Association revises output estimates for 2025-26 up at 324 lakh bales of 170 kg each Agtech marketing in the age of regional content and creator communities Rajnath Singh, Nitin Gadkari to join 3-day agri event at Shivraj’s home turf, inaugurated today How agripreneurship will drive improved rural livelihoods in India World’s largest tur producer, yet an importer: A self-sufficiency puzzle unfolding on ground Ethanol in diesel generators: India’s next practical step towards energy security How sustainable sourcing can unlock value in India’s agri-value chains West Asia Crisis: Induction cooking may consume 13-27 GW power Govt defers power plant maintenance for three months; ready for summer demand Tractor sales cross 10 lakh mark in FY26 on strong rural demand, GST cut India to continue buying Russian crude oil India’s textile and garments exports to the US declined 28.7% in February 2026 Why India’s ₹5 pack won’t disappear, but getting smaller West Asia conflict: LPG usage at 21-month low in March E-way bill generation surged all time high of over 14 crore in March Cotton prices firm up tracking global prices Corn prices poised to fall on Iran-US ceasefire pact Air India at critical stage of transformation: Tata Sons Chairman FYL91 commences new flights to Hyderabad, Rajahmundry and Vijayawada Telangana’s GST revenue up 15% in last 3 months ASMS launches agri-commerce network AYOU in Hyderabad Ladakh turns to apricot blossoms to stretch short tourism season Govt proposes overhaul of company incorporation rules to cut paperwork, enable risk-based checks HAL delivers 4 helicopters to Coast Guard Charter services operators urge review of ATF pricing Structural gaps affect growth of India’s high-value horticulture sector: Report Rubio set to visit India in May to discuss trade, tariffs, defence, Quad DGFT rolls out procedure for allocation of calcined coke Qatar vows to remain reliable energy supplier to India amid West Asia tensions Gadkari bats for 100% land acquisition before approving NH projects India must rethink West Asia energy reliance after biggest shock in decades, says ONGC chief Sumeet SSG partners Pinnacle Industries to strengthen Maharashtra’s EMS fleet Consumer durables growth muted as demand slows, margins shrink: HDFC Securities March 2026 was the fourth-warmest month on record, says European weather agency India relaxes rice exports norms to some European countries Unseasonal rains damage rabi crops on 2.49 lakh ha, wheat most affected: Agri Minister ADB projects 6.9% growth rate for current fiscal, 70 bps lower than FY26 India-UK FTA likely by May 1; 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Industree Foundation partners Jharkhand to boost bamboo based livelihoods
2026-05-06 · via Economy News, Latest Economic News Today | The HinduBusinessLine
Neju George Abraham, CEO, Industree Foundation and Bishnu C . Parida, COO, JSLPS at the MoU signing recently.

Neju George Abraham, CEO, Industree Foundation and Bishnu C . Parida, COO, JSLPS at the MoU signing recently.

In a major step towards advancing regenerative, women-led livelihoods, Industree Foundation, a non-profit working at the intersection of equity, climate, and gender, signed a memorandum of understanding (MoU) with Jharkhand State Livelihood Promotion Society (JSLPS) in Ranchi recently. This is a significant milestone in the Industree Foundation’s mission and the government’s strong commitment to fostering environmentally sustainable, women-led enterprises.

Industree Foundation has been working extensively to enable smallholder farmers, predominantly women, to cultivate bamboo on fallow and underutilised land.

JSLPS, along with Industree Foundation as its technical and knowledge partner, will integrate 1,00,000 smallholder women farmers into the bamboo value chain over the next four years and further set up collective enterprises of women using bamboo. The initiative will begin with 10,000 smallholder women planting bamboo across five of the state’s tribal districts this monsoon. This effort is part of the Bamboo Sub-Sector Initiative by the DAY-National Rural Livelihoods Mission (NRLM) under the Ministry of Rural Development. It aims to empower one million rural women over the next 4–5 years through bamboo cultivation and improved market linkages.

This collaboration marks a convergence of Industree Foundation’s ecosystem-led approach and JSLPS’s institutional reach, reinforcing the government’s commitment to fostering climate-resilient, income-generating livelihood systems for rural women.

The MoU was signed in the presence of Bishnu C. Parida, COO, JSLPS, state officials, and Industree Foundation CEO Neju George Abraham and other representatives.

Neju George Abraham, CEO, Industree Foundation, said, “Jharkhand represents a powerful convergence of intent, where government commitment, community potential, and ecological opportunity align. This partnership with JSLPS is not just about bamboo; it is about building a future where rural women are at the centre of India’s green economy. Bamboo is one of nature’s most regenerative resources, and in the hands of smallholder women farmers, it becomes something truly meaningful: a livelihood that grows stronger with every passing year, for decades. Across states, we are seeing that when women have access to the right tools, productive assets, and market access, they don’t just sustain themselves; they transform their communities. Initiatives like the DAY-NRLM Bamboo Sub-Sector are proof that scale and sustainability are not in conflict. They are, in fact, each other’s greatest enablers.”

Industree Foundation has been enabling smallholder farmers, a majority of whom are women, to cultivate bamboo on fallow and underutilised land, improving incomes and long-term livelihoods while addressing climate challenges. Women farmers cultivating bamboo can begin earning steady incomes from the fourth year of harvest, with yields continuing for over forty years, providing sustained, long-term financial security.

Industree focuses on building traceable supply chains by taking a seed-to-market approach that caters to national and global demand. Industree has previously signed MoUs with State Rural Livelihood Missions (SRLMs) in Andhra Pradesh, Arunachal Pradesh, Odisha, Telangana and Tripura, supporting small and marginal women farmers in adopting bamboo-based livelihoods at scale.

Published on May 6, 2026