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Monday, April 01, 2002

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AGRICULTURE


Targeting self-help groups for rural development -- IDE offers drip irrigation systems for small far
``Since formal credit structures, especially banks, are unwilling to offer loans for such programmes, we find that SHGs are the ideal mechanism to promote the use of enabling technologies,'' More

AQUACULTURE


Seafood movement: The frozen links
SEVERE transportation bottlenecks are thwarting the growth of the seafood markets in India. Bulk of the processed seafoods is exported to the US, Japan, European Union, Thailand and even to Vietnam, with the domestic consumption of ready-to-eat ... More

FLORICULTURE


IA schedule crushes Coimbatore flower trade
INDIAN Airlines' new flight timing under the summer schedule, which takes effect from March 31, has landed scores of Coimbatore flower vendors in trouble. The revised timing of the IC 657/658 Delhi-Mumbai-Coimbatore-Mumbai flight, it is ... More

TEA


Storm brews over Tea Board decision on brokerage
TEA buying brokerage in the three North Indian auction centres — Calcutta, Guwahati and Siligiri — remains a contentious issue. The issue had its origin in the long-standing demand of brokers for raise in brokerage payable by buyers ... More

China CTC tea worries southern planters
WHILE global tea experts advise the South Indian Tea sector to focus on newer areas to establish a niche market, a majority of the plantations in the South are yet to re-orient and dovetail their manufacturing practices to suit the market ... More

EXIM POLICY


Gem trade wary of diamond duty cut
THOUGH its measures seem favourable, the Exim policy's impact will depend on actual implementation, sources in the gem and jewellery export industry, said. As announced today by the Union Commerce Minister, Mr Murasoli Maran, the policy seeks ... More

DAIRY & DAIRY PRODUCTS


Butter oil from New Zealand seized for `under-invoicing'
THE butter oil `dumping' saga has acquired a fresh dimension, with the customs authorities in Mumbai seizing an imported consignment from New Zealand for alleged under-invoicing. The 300-tonne consignment of butter oil (anhydrous milk fat) ... More

Plea to hike butter oil duty
THE doyen of dairy industry in the country and the Chairman of the Gujarat Co-operative Milk Marketing Federation (GCMMF or Amul), Dr Verghese Kurien, has expressed concern over the decision in the Union Budget to reduce the basic customs duty on ... More

FOODGRAINS


Further subsidy on transport for foodgrains
IN a bid to further boost foodgrain exports, the Industry & Commerce Minister, Mr Murasoli Maran, has proposed an internal transport subsidy on foodgrains moved from FCI godowns to the nearest port. This assistance is in addition to the ... More

COTTON


Cotton prices likely to go up
COTTON futures at the New York cotton exchange settled lower on Thursday on month end sales and after the data released by USDA on the cotton planting intentions report was deemed neutral by market participants. The US Department of ... More

OILSEEDS & EDIBLE OIL


Oilseeds output seen up
The groundnut output was estimated to increase from 4.46 l.t. during last year's rabi to 5 l.t. this season. Currently, groundnut prices are being quoted at around Rs 1,600 per quintal, the same as last year. More

Palm oil futures may move down
CRUDE palm oil futures on the Malaysia Derivatives Exchange, or MDEX, closed modestly higher on Friday mainly due to short covering ahead of a pre-weekend holiday and a spurt in soya oil prices in the Chicago futures market. Soya oil ... More

TOBACCO


Tobacco mission set to explore Russian market
A TRADE delegation consisting members of the trade and officials of the Tobacco Board and the Union Commerce Ministry will leave for Russia, Romania, Egypt and other importing nations to secure orders for the crop in the first week of April, Mr ... More

AGRICULTURAL POLICY


Govt details action plan for rabi season
THE Andhra Pradesh Government has prepared an action plan for the current rabi crop season and has targeted to pick up about 35 lakh tonnes of foodgrains during the season from the farm community. The State Civil Supplies Minister, Dr Kodela ... More

EXPORTS & IMPORTS


`Boost for agri exports'
WITH the Commerce Minister, Mr Murasoli Maran's observation that the Exim Policy encompasses sectors which take care of more that 80 per cent of the population, his document joins the 2002-2003 Union Budget in putting agriculture ... More

STANDARDS & BENCHMARKS


Century Flour eyes branded wheat segment
THE Chennai-based Century Flour Mills Ltd, which has tied up with ConAgra, USA, expects to expand its presence in the branded wheat products segment during the current year, according to Mr G. Ravindran, Joint Managing Director, Century Flour ... More
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Top Stories
Farm exports freed; thrust to SEZs -- Maran gives Exim policy a friendly push


`More should be done to build infrastructure' — Mr Michael Everard. BIMCO President

Bleak export scenario set to change: Maran

Simplified norms; specific packages

New initiatives to drive export growth

Butter oil from New Zealand seized for `under-invoicing'

Extra revenue outgo on sops at Rs 1,000 cr -- Total outflow may top Rs 27,000 cr in 2002-03

In Depth
Inside Kashmir
Guide to derivatives
US-64
Looking back
Mar. 24-Mar. 30
Higher farm incomes to increase edible oil offtake this year

From wasteland to garden: A successful STEP -- IIT-Kharagpur's initiative pays off

Genetic modification: The growing debate

Panel green signal for Bt cotton

Wheat prices dip on rate cut

TN chicken farmers ready retail outlet plans

Alarming consequences of rising MSP

El Nino impetus strengthens


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