AGRI-BIZ & COMMODITIES
FARM CREDIT
Budget 2004-05: Mirage of goodies for farm sector
Despite the Government's right noises on support to the agriculture sector, there is no clear roadmap to boost farm growth. Addressing the debt-related crisis by promising more credit can only lead to greater indebtedness. What the farmers need is an assured income and the same kind of direct investment that the Government is willing to pour into the industry sector. Also, the blind advocacy of crop diversification should cease, as it will lead to a food security crisis, points out Devinder Sharma.
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CLIMATE & WEATHER
Monsoon in `break' phase in North
THE South-West monsoon has reached a `break' phase in Central and North-West India where rainfall had become sparse. But the situation is expected to get better within 2-3 days and lead to what would be a `normal' monsoon season. Speaking to ...
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INFRASTRUCTURE
Perambalur agri schemes
MADURAI: The State-level Co-ordination Committee has cleared 16 agro-industry proposals at an outlay of Rs 7.90 crore under New Anna Marumalarchi Thittam in Perambalur district. According to the district collector, Mr D. Vivekanadan, the ...
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RUBBER
Rubber market rules steady
AFTER closing weak on Saturday, the spot rubber market maintained a steady trend on Monday. Reports of widespread rains over certain plantation areas initiated some buying interest on selected grades and sheet rubber closed at Rs 67 on Saturday. ...
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SUGAR
Balrampur Chini promoters seek loan from sugar fund
THE promoters of Balrampur Chini Mills Ltd, the Saraogis, are seeking a Rs 14.31-crore loan from the Sugar Development Fund to meet their commitments for the co-generation power plant at Balrampur in Uttar Pradesh. According to the notice ...
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WATER
Farmers' demo at Prakasam barrage
SEEKING release of water for the kharif paddy crop in the Krishna delta, the Telugu Desam and the BJP organised a protest demonstration by farmers at the Prakasam barrage here on Monday. The leaders of both parties condemned the "double talk" and ...
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AP: All-party team to meet PM over Almatti issue
AN all-party delegation headed by the Chief Minister, Dr Y.S. Rajashekara Reddy, will call on the Prime Minister, Dr Manmohan Singh, later this week, seeking the Centre's intervention to get water released from the Almatti dam in Karnataka. ...
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GOLD & SILVER
Rajasthan doles out new ST sops for gold
RAJASTHAN could soon turn out to be the country's bullion capital, with the State Government introducing a new scheme that gives sales tax relief to dealers. As per the notification on the Composition Scheme for Bullion and Sarafa Trade, sales ...
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FOODGRAINS
Pulses output seen lower
Area under pulses this year is lower by 14 lakh hectares and as a result, production will be lower.
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CASHEW
Cashew prices up on rising global offtake
PRICES of cashew kernels, which were ruling lower last year, have gone up in the international market on increased consumption in recent months. From April onwards, there has been an upward trend and the prices of superior grade W-320 have ...
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