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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
Industree Foundation partners Jharkhand to boost bamboo b...
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