The Hindu Business Line : Tuesday, December 23, 2003

Banks reluctant to grant loans to tea growers
Most of the banks in Kerala, both nationalised and private sector, do not grant fresh advances to the tea growers due to continuous default in repayment. More

Union Bank cuts lending rates for agri, small sectors
UNION Bank of India has lowered interest rates on agriculture and SSI advances by 25-225 basis points depending on the quantum of advances, effective January 1, 2004. "There is a general feeling that corporates are subsidised by agriculture and ... More

Indian Bank to finance vanilla cultivation
CONSIDERING the huge potential for vanilla, Indian Bank has taken the lead by offering financial support for cultivation of this plant on easy terms. The bank has chosen Coimbatore for unveiling this loan product, as bankers perceive there is no ... More

HORTICULTURE/FRUITS & VEGETABLES

43 AP villages to grow residue-free chilli
IPM demonstration of chilli in Andhra Pradesh, undertaken under a UNDP project, has proved that reducing the number of sprays could reduce the cultivation costs. More

RUBBER

Mixed trend in rubber market
THE rubber market was mixed on Monday. The opening day of the Christmas week witnessed mild selling pressure, possibly from traders and growers, who were in need of immediate cash to celebrate the festive season. While major manufacturers and ... More

Rubber bands
AT a conference on enhancing competitiveness of the rubber industry, organised by the Confederation of Indian Industry (CII) at Kochi last week, the Kerala State Agriculture Minister, Ms K.R. Gouri Amma, said that in a globalised and borderless ... More

TEA

Coonoor tea auctions end on cheerful note
WITH the prices for all varieties of teas practically shooting up, the auctions of the Coonoor Tea Trade Association (CTTA) for the year 2003 ended on a cheerful note. "The best Nilgiri dust grades were dearer by as much as Rs 20 per kg. Other ... More

Joint Ministerial team to study N-E tea industry
A JOINT team of the Finance and Commerce Ministries would visit Guwahati, Jalpaiguri and Silchar in the first half of January to study the various problems faced by the tea industry in the north-eastern region, the Union Finance Minister, Mr ... More

DAIRY & DAIRY PRODUCTS

Amul buys Kapila Dairy in Rs 1.25-cr deal
"Plans are to initially transport milk from Gujarat, process it at Kapila and then distribute in Pune city. The feasibility of procuring milk from co-operatives in the region if they meet our quality standards is also being discussed." More

COFFEE

Coffee market continues to be in dumps
DESPITE decline in global availability in 2003-04 following a fall in production and prices firming up slightly in the first half of this month, the world coffee market continues to be in the dumps with no prospect of a marked recovery on the ... More

NATURAL CALAMITIES

AP action plan for cyclone-hit crops
THE Acharya N.G. Ranga Agriculture University (ANGRAU), has prepared an alternate plan for the management of crops damaged by the recent cyclone in Krishna and Godavari districts with remedial measures for each mandal. The plan refers to rice, ... More

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