Financial Daily from THE HINDU group of publications
Friday, August 30, 2002
Agri Prices (Aug. 29)
Sugar S301310 (1320)
Palm oil356 (359)
Groundnut oil ready512 (515)
Coconut oil4800 (4800)

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AGRI-BIZ & COMMODITIES

AQUACULTURE


Expert panel moots insurance for aqua farms
IMPROVED access to banking and insurance for shrimp farms and hatcheries, review of funding policy for aquaculture, model legislation for aquaculture and expediting licensing procedures are among the recommendations that followed the two-day ... More

Fears over import of exotic fish, shrimp — Potential harm to domestic species
ALLEGATIONS of unregulated and clandestine import of exotic varieties of fish and shrimps into the country have raised serious concerns about the harmful impact that they could have on domestic species and the environment. The major routes of ... More

RUBBER


Rubber prices rule steady
RUBBER prices ruled more or less steady on Thursday following uncertainty in the market. While some grades picked up slowly, other much sought after grades declined as the prices fluctuated on minor developments in the market. Though higher ... More

TEA


A prescription to stir tea industry
THE other observations and suggestions of the working group constituted by the Reserve Bank of India on the tea industry pertain to tea associations, borrowers (tea companies), Nabard's Rural Infrastructure Development Fund (RIDF) and release of ... More

FOODGRAINS


Compound tax eating into rice trade in Tamil Nadu
It is argued that the tax applicable from the rice miller down to the retailer is in effect a multipoint tax on rice. More

CACP asked to rework paddy MSP
THE Commission for Agricultural Costs and Prices (CACP) will rework its recommendations for the minimum support price (MSP) for paddy and other kharif crops to be harvested during the coming 2002-03 marketing season, beginning October. The ... More

OILSEEDS & EDIBLE OIL


Parakh Foods mulls new refineries
PARAKH Foods Ltd, the flagship company of the Parakh group, manufacturers of the Gemini brand of refined oil said here on Thursday the company now has the country's largest edible oil refinery situated in a single location, with the commissioning ... More

Vegoil seen up on tight global supplies
ERRATIC weather conditions in July, significant reduction in world oilseed production, particularly the high oil content oilseeds, and weak growth in palm oil production are all expected to combine to keep the global vegetable oil market in ... More

COFFEE


Coffee: Needs a potent brew
IT IS true that coffee prices are at historical lows and the industry is facing its worst crisis ever. As in all other agricultural commodities, price cycles are inevitable. However, the present crisis is unique in that it is rooted in a chronic ... More

AGRICULTURAL POLICY


Govt nod for 4 agri-export zones — China keen on MoU to import mangoes
THE Inter-departmental steering committee, chaired by the Commerce Ministry, on Wednesday cleared establishment of four agri-export zones (AEZ), one each for basmati rice in Punjab, apples in Himachal Pradesh, mangoes in Andhra Pradesh and ... More

India's farm economy — Protect domestic producers wholeheartedly
High implicit taxes, severe constraints to the expansion of domestic markets and unreasonable restrictions on competition in the domestic market for farm inputs make the farm economy risky and poor. India has to set a timetable to liberate the farm economy by March 31, 2003. More


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