The Hindu Business Line : Saturday, March 02, 2002

Well-ploughed
THE Finance Minister, Mr Yashwant Sinha, had said that the Budget 2002 would focus on agriculture, and it certainly did. The time the Finance Minister devoted to agriculture in Part A of his Budget speech was the longest in recent memory. There ... More

Creation of agri export zones hailed
MADURAI: The Union Budget has primarily focussed on agriculture and infrastructure development, according to the Tamilnadu Foodgrains Merchants' Association here. Mr V.K.M. Sankaralingam, President, in a statement, welcomed the creation ... More

PLANTATIONS

FIPB to look into HLL presence in plantations
HINDUSTAN Lever Ltd's (HLL) request for a hike in FII holding to 49 per cent from the existing 24 has prompted the Foreign Investment Promotion Board (FIPB) to decide afresh on the classification of the multinational giant. The issue has ... More

Planters get a breather
WHILE welcoming marginal reliefs that have been proposed on the excise duty and customs front, the plantation industry has expressed disappointment about the excise duty on tea not being fully abolished. The industry has been pleading with the ... More

LEATHER

Crisis engulfs Kolkata tanneries
EVEN as the tanning community hopes for a miracle emerging from the March 5 discussions on the Common Effluent Treatment Plant (CETP) at the leather complex in Kolkata, many units stopped production today in compliance of the Supreme Court ... More

Leather industry disappointed
THE leather industry is disappointed that the Union Budget has not given the support it was expecting to deal with the current downtrend in the international markets. According to Mr M. Rafeeque Ahmed, President, All India Skin & Hide Tanners & ... More

DAIRY & DAIRY PRODUCTS

Sinha `scraps' milk shed concept
EVEN though the Finance Minister, Mr Yashwant Sinha, has not explicitly announced the scrapping of the `milk shed' concept in the Milk and Milk Products Order, 1992 (MMPO), a careful reading of his Budget speech makes it clear that he has ... More

Dairy sector finds Budget healthy
THE dairy industry has welcomed the Government's decision to limit the purview of the Milk and Milk Products Control Order, which is expected to encourage private sector participation. According to Mr R.G. Chandramogan, Managing Director, ... More

FOODGRAINS

Maize import quota at 15% hiked by 50,000 t
THE Government has permitted imports of an additional 50,000 tonnes of maize at the concessional 15 per cent duty rate under the tariff rate quota (TRQ) regime during the coming fiscal. For 2001-02, the Government had allowed up to four lakh ... More

OILSEEDS & EDIBLE OIL

India to host global seed crushers' congress in 2004
THE International Association of Seed Crushers (IASC) has commenced talks with the Indian solvent extraction industry to host the 2004 IASC Congress in the country. A delegation of IASC is currently in India to learn about the oilseed and oil ... More

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