AGRI-BIZ & COMMODITIES
FARM CREDIT
`Inefficiency of co-ops hits farmers the hardest'
Mr V. Ramani, Secretary, Co-operation Department: "Higher the overheads of the co-operative institution, the lower the efficiency in loan delivery" at an affordable and realistic rate of interest.
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RICE
Rice procurement to touch 225 lakh t
Rice procurement for the Central pool has hit an all-time high of 225.77 ltas on August 16.
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WHEAT
Mills seek total ban on wheat exports
CAUGHT in a piquant situation of rising prices even while the supply is not so tight, flour mills in Karnataka have urged the Centre to ban the export of wheat to neighbouring countries such as Bangladesh. This would ensuresupply to millers at ...
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AQUACULTURE
Revised DEPB rates on marine products in abeyance
THE Government has decided to keep in abeyance until further orders its decision concerning the retrospective applicability of the revised 5 per cent duty entitlement passbook (DEPB) rate on certain marine products. The Directorate General of ...
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RUBBER
Rubber prices rule steady
PHYSICAL rubber prices were almost steady on Wednesday. The proposed truckers' strike on August 21 continued to cast its shadow over the market while traders appeared reluctant to purchase rubber. Trading volumes were extremely poor and ...
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TEA
Iraq losing taste for Indian tea
Buyers are visibly against speculative purchases for their Iraq principals. "There is no such thing called firm order in a riot-torn situation. No one gives us guarantees that the teas we ship would reach the destination safe and in time. No one ...
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WATER
Plea for more Cauvery water
MADURAI: The Nagapattinam district farmers have urged the Government to increase the quantity of water released in the Cauvery and Vennar rivers and desist from introducing the turn system until the waters reached the tail-end areas. The ...
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Gundlakamma project gets green signal
THE State Government has accorded approval for the construction of the Rs 165.22-crore Gundlakamma Reservoir Project near Chinna Mallavaram in Prakasam district. It is expected to provide irrigation to 80,060 acres in 43 villages, covering six ...
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GOLD & SILVER
2-day convention on gold from tomorrow
WITH a view to focusing India as the emerging world market for gold, a two-day seminar - `India Gold Convention 2004' - will be held on August 20-21, in Mumbai. Multi Commodity Exchange of India Ltd (MCX) is participating in the convention as ...
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AGRICULTURAL INSTITUTIONS
FCI bond market foray on hold
THE public sector Food Corporation of India (FCI) has put on hold its foray into the bond markets and has instead preferred to continue with the food credit window of the lending consortium led by the State Bank of India (SBI). The Government ...
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COCONUT & COPRA
TNAU to market `coconut tonic'
MADURAI: The Tamil Nadu Agriculture University (TNAU) will market the newly developed `coconut tonic' in southern districts from September, according to the TNAU Dean, Mr T.M. Thiyagarajan. Speaking at Tirunelveli, he said, application ...
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POULTRY
Corn may rule firm on rising demand — User industries face difficulty in finding alternatives
THOUGH the area under corn (maize) during the kharif season has increased marginally, its prices are likely to rule firm in the near future. This is since the options for the user industries, particularly the poultry sector, to find cheaper ...
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