Financial Daily from THE HINDU group of publications
Friday, March 08, 2002
Agri Prices (March 7)
Sugar (S-30)1420 (1425)
Palm Oil (10 kg)291 (292)
Groundnut oil ready393 (393)
Coconut oil ready3475 (3475)
Pepper garbled ready6750 (6550)

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BUDGET


Budget 2002-03: Nurtures middle-men, not farmers
THE Finance Minister, Mr Yashwant Sinha's prescriptions for reforming agriculture aimed at ensuring freedom of the farmer — kisan ki azadi — actually translates into economic freedom for the middlemen. Mr Sinha has not only ... More

FERTILISERS


Savings on urea subsidy -- What about farmers' interests?
THE Expenditure Reforms Commission (ERC) had recommended an increase in urea's selling price by 7 per cent per annum beginning April 1, 2001, but this was not implemented in the Budget 2001-02. However, in Budget 2002-03, he has increased the ... More

RUBBER


Rubber market buoyant
KOTTAYAM: The rubber market here stayed higher for all grades excepting ungraded rubber following demand from tyre and dipped goods sector. Uncertain industrial climate in Gujarat, Rajasthan and Uttar Pradesh continued to affect the ... More

TEA


Tetley hopes to boost sales in premium tea segment
TETLEY, the premium tea brand from Tata Tea Ltd (TTL), hopes to notch up sales of Rs 100 crore in a short period, according to Mr P.T. Siganporia, Deputy Managing Director, TTL. The remark appears in a write-up posted on the official Tata Web ... More

Fall in price realisation for tea
AN analysis of the price behaviour at the tea auctions across the globe shows that teas fetched a lower realisation in 2001 over the previous year. The steepest fall of 24 per cent happened in Mombassa auctions in Kenya where the prices dipped ... More

FOODGRAINS


Punjab panel to explore crop diversification
IN a bid to diversify its agricultural production base away from wheat and rice, the Punjab Government has set up a committee to look into the viability of cultivating oilseeds and pulses in the State. This was indicated by the new State Chief ... More

OILSEEDS & EDIBLE OIL


Palm oil futures in MDEX doing well
OVER the last few months the crude palm oil (CPO) futures market has performed well in terms of liquidity on the Malaysian Derivatives Exchange (MDEX). Merger of the Commodity and Monetary Exchange of Malaysia and the Kuala Lumpur Options and ... More

Global edible oil prices to go up on low stocks
A FURTHER modest decline in world edible oil stocks will push up prices and the seasonal peak is expected during July-September this year, much like last year. The price rise expected to happen in the third quarter could push crude palm oil to ... More

COCONUT & COPRA


After dal-roti, it is coconut for Rs 2!
FROM the stables of the group that sold dal and roti for Rs 2, there is another innovation out. And this time, it is tender coconuts. The Nandi group is now marketing tender coconuts for just Rs 2 each in Nandyal in Kurnool district of Andhra ... More

CASHEW


Good scope for cashew apple in food processing
THE cashew apple, much of it hitherto wasted, has tremendous potential if commercially exploited by the food processing industry. There is a substantial production of cashew apple in the country and hardly 30 per cent of it is being ... More
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