The Hindu Business Line : Tuesday, June 18, 2002

`FMC target plan bad for small exchanges'
THE strategy of the Forward Markets Commission (FMC) to set targets for all commodity exchanges seems to be aimed at eliminating the small exchanges in the long run paving way for a limited number of them with strong bases. Commodity Exchange ... More

FARM CREDIT

Nabard plans direct financing of projects
THE National Bank for Agriculture and Rural Development (Nabard), that has hitherto been only into refinancing, is all set to make a foray into direct financing of projects. It is expected to get the RBI nod shortly. To begin with, the bank has ... More

RUBBER

Rubber prices remain high

TEA

Govt rules out fixing floor price for tea
"There is no question of minimum price or floor prices for plantation sector crops. The price will be determined by the market forces," said Mr L.V. Saptharishi, Additional Secretary, Ministry of Commerce, said on Monday. Stating that the ... More

PRECIOUS METALS

Gold seen rallying more in short term
GOLD has the potential to rally further in the short-term on the back of a series of uncertainties, but global economic recovery, widely expected to occur in the second half of the year, may bring the market back to more sober levels by ... More

INDUSTRY ASSOCIATIONS

Livestock sector seeks duty-free corn, soya import
INCREASE in domestic corn (maize) prices and tightening supplies of soyameal have prompted the city-based Compound Livestock Feed Manufacturers Association of India to demand duty-free import of corn and soyabean. According to the association, ... More

FOODGRAINS

Wheat prices at 26-month high
WITH open market prices of wheat surging to a 26-month-high, domestic roller flour mills are now looking up to the Food Corporation of India (FCI) as their `sole saviour' to guarantee sufficient grain availability in the months ahead. Wheat ... More

Maveli stores to be revamped

AP paddy procurement

AGRICULTURAL INSTITUTIONS

Nabard panel plans to boost rural credit system
The Rural Infrastructure Development Fund, created out of the shortfall of lending to agriculture, should not be seen as an escape route from investing in agriculture. More

COTTON

SICA seminar on Bt cotton

OILSEEDS & EDIBLE OIL

Tightening supplies may keep vegoil prices firm
DESPITE expansion year after year, global vegetable oil production growth is slowing down. The current year 2001-02 is likely to witness one of the slowest growths in recent years. Interestingly, consumption growth has also slowed down after ... More

COFFEE

Lintas' co to promote Indian coffee abroad
THE Coffee Board has appointed Lowe Personal, a Lintas group company, to take up a project to promote Indian coffee overseas. McKinsey, which studied the industry, had recommended this as a step to improve awareness of Indian coffee in ... More

TOBACCO

Nod for selling excess AP tobacco at auctions
THE Central Government has authorised the Tobacco Board to admit the regular and registered traders and dealers of the board to purchase, at its auction platforms, the excess tobacco produced by the registered farmers in Andhra Pradesh. The ... More

AGRICULTURAL POLICY

How the US subsidises its farmers
THE prevailing system of foodgrain `marketing' in the country, wherein the Government declares minimum support prices (MSP) — which are hiked every year — and undertakes unlimited purchases through the Food Corporation of India (FCI) ... More

Karnataka Govt move on farm loan interest

NEW PRODUCTS & SERVICES

Organic compost launched

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How the US subsidises its farmers

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Wheat prices at 26-month high

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