Financial Daily from THE HINDU group of publications
Wednesday, October 29, 2003
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AGRI-BIZ & COMMODITIES

CORPORATE FARMING


UCO Bank in talks with Rabo Bank — H1 net up 80% at Rs 292 cr
UCO Bank has started a dialogue with Rabo Bank for financing contract farming programmes as part of its plan to explore new business opportunities. It hopes to sanction more agricultural credit through what may eventually be a formal tie-up with ... More

FARM CREDIT


APCOB, Nabard ink pact
IN a bid to strengthen the cooperative credit structure in the State, Andhra Pradesh State Cooperative Bank Ltd (APCOB) has formulated a Development Action Plan for the year 2003-04 and signed an MoU with Nabard on Monday. APCOB aims to improve ... More

RICE


Millers suspend paddy purchase in AP
RICE millers in Andhra Pradesh have suspended purchase of paddy from farmers and milling for more than 20 days, demanding a hike in levy rice procurement by the FCI, as "there is no demand for AP rice from other States and there is a glut even in ... More

AQUACULTURE


Recommendations to prevent clash over fishing rights
Only those boats that have strictly observed the procedures for operating between two assigned ports will be allowed fishing and landing rights. More

Seafood exporters flay attack on TN boats
THE agitation by fishing boat owners of Kerala against boats operating from Kollachal and Kanyakumari districts of Tamil Nadu "is unjustified and detrimental to the fishing interest of the State, as well as the seafood exporting factories ... More

HORTICULTURE/FRUITS & VEGETABLES


Vegetable council makes expansion plans in Kerala
THE Vegetable and Fruit Promotion Council Keralam, the successor organisation of the European Union-funded Rs 130-crore Kerala Horticulture Development Programme, is to spread its operations throughout the State to achieve self-sufficiency in ... More

POWER


Farm power tariffs — EC touched by live wire, now
From roads and committee rooms to Raj Bhavans, courts of law, Cabinets and, now, the Election Commission, the issue of farm power tariffs has moved via numerous points. Yet, there is little hope that the farmer, who gets irregular, low quality supply that damages equipment and crops, will ever get justice in the matter. He will pay a tariff several times that computed by the CACP, but still be seen as the guilty party in the great Indian power tragedy, says Sharad Joshi. More

RUBBER


Tyre firms may import 31,500 t rubber
"Companies are getting 150 days credit for buying rubber from the international market. The credit is being offered at LIBOR." More

Weak trend in rubber market
THE rubber market showed a weak trend on Tuesday. RSS 4 declined to Rs 54.50 a kg against Rs 56 during the weekend as traders came forward to sell rubber anticipating further fall in prices. The undercurrent of the market remained sluggish, ... More

Rubber Board members
KOCHI: The Union Government has nominated Mr K.T. Thomas, Managing Partner of Paragon Rubber Industries, and Mr Raghupathi Singhania, Managing Director of J.K. Industries Ltd, as members of the re-constituted Rubber Board for the period ... More

CO-OPERATIVES


Krishna to inaugurate Co-ops' week
MANGALORE: The 50th all-India co-operative week celebrations will begin in Bantwal of Dakshina Kannada district on November 14. The Chief Minister, Mr S.M. Krishna, will inaugurate the celebrations. Valedictory of the celebrations will be ... More
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