THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Monday, December 18, 2000

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Agri-Business

Agriculture
Demand for farm machinery seen growing
THE tractors market is expected to grow at a rate of six to seven per cent on a long-term basis while that of harvestor combine is seen to grow at four to five per cent per annum.

`Rigid segregation of GMOs not to India's gain'
INDIA should support efforts to evolve world trading rules which do not discriminate between genetically modified organisms (GMOs) and non-GMOs, particularly when cultivation of both would occur side-by-side in the country.

`Higher MSP no solution to coconut woes'
THE Cochin Oil Merchants' Association (COMA) has urged the State Government and the Coconut Development Board (CDB) to work out long-term pragmatic measures to meet the challenges faced by the coconut sector.

Apeda plans regional cold storage facilities
THE Agricultural and Processed Food Products Export Development Authority (Apeda) has identified centres for establishing regional cold storage facilities to facilitate the export of horticulture products.

Commodities
Vanaspati imports from Nepal at 84,540 t in '99-00
THERE has been a sharp increase in the quantum of vanaspati imports from Nepal from 53,900 tonnes during the 1997-98 oil year (November-October) to 67,130 tonnes in 1998-99 and 84,540 tonnes in 1999-2000.

Plantations
Frost hits tea crop in Nilgiris
A FROST in the Nilgiris belt in Tamil Nadu is said to have affected the tea crop very badly this year, compared to the corresponding period last year.

Sugar
TN co-op, PSU sugar units do tight-rope making
THE co-operative and public sector sugar mills in Tamil Nadu are juggling finances to pay sugarcane farmers, and are overdrawing on cash credit limits which will adversely impact the working capital availability, according to sources.


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