Bamboo To Play Crucial Role in Post-COVID Economy
The Narendra Modi government is planning to promote domestic bamboo industry which is going to play a critical role in shaping the post-COVID economy of India. The central government has raised the import duty by 25 per cent on raw bamboo items which will help the domestic bamboo industries like bamboo furniture in a big way and promote use of bamboo as building material.
Northeastern region will be one of the favourite business destinations of India post-COVID-19 and bamboo is going to be the key pillar of economic activities. It will help in shaping the economy of the Northeast and the entire country in post-COVID era.