The Hindu Business Line : Wednesday, October 30, 2002

Radical changes needed in commodity futures
INDIAN agri-commodity market has witnessed some welcome changes in the last few years. Removal of trade-related restrictions such as on storage, movement, credit access and so on has freed the trade and industry from operational constraints that ... More

FARM CREDIT

More fillip to farm sector
THE Reserve Bank of India (RBI) has increased the limit on advances granted to dealers in drip irrigation and sprinkler irrigation system and agricultural machinery from Rs 10 lakh to Rs 20 lakh. This is one among the many initiatives RBI has ... More

STORAGE

More rural godowns for foodgrains on the cards
The insistence on the location is to make sure that the godowns benefit small and marginal farmers rather traders. More

AQUACULTURE

Ornamental fish hatchery plan for Lakshadweep
LAKSHADWEEP Development Corporation Ltd (LDCL) is all set to diversify its activities in the fisheries sector by setting up an ornamental fish hatchery. The hatchery will be a 100 per cent EOU with the assistance of ADAS APS of Denmark.The ... More

RUBBER

`India must exploit rubber export potential'
IN order to be competitive in the current scenario of liberalised global trade, the share of Indian agricultural exports, including that of rubber, has to increase rapidly in the coming five years, according to Mr N. Radhakrishnan, President of ... More

Rubber sector eyes process outsourcing
THE Rs 20,000-crore domestic rubber industry has set its sights on the BPO (business process outsourcing) opportunity to farm out production of rubber and rubber products from the US and Far-East markets and market the country as the destination ... More

Rubber gains on active buying
RUBBER prices again shot up for major grades on Tuesday. The market that remained inactive till recently picked up on Monday and firmed up slightly today touching Rs 36.50 a kg. The buyers were also making covering purchases for major tyre ... More

SUGAR

Palair sugar mill may begin cane crushing by Dec
THE recently-privatised Palair cooperative sugar mill, which was acquired by Madhucon Projects Ltd, the preferred bidder, for a sale consideration of Rs 9.58 crore, is set to begin cane crushing by December this year, according to the ... More

FOODGRAINS

Kharif rice output may exceed Govt projections
EVEN as the Government expects the country's kharif (summer) rice output to plummet by a massive 16.8 per cent dip this year— from 79.36 million tonnes (mt) to 66.01 mt— early trends in grain procurement and arrivals in northern mandis ... More

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