AGRI-BIZ & COMMODITIES
FARM CREDIT
SBI priority loans for contract farming
STATE Bank of India is planning to extend financial support for contract farming. This is on the bank's priority list, as it is estimated to garner about Rs 500 crore from this venture during the current fiscal. The Chairman, Mr A.K. ...
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Allahabad Bank details farm credit facilities
ALLAHABAD Bank has set a fresh target for disbursing agricultural credit for the current year. It plans to disburse Rs 3,016 crore this fiscal to record a 76-per cent increase in agricultural lending by March 2005. The bank's move follows the ...
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CLIMATE & WEATHER
METSIGNS
More rains forecast
AFTER a lull, the offshore trough has become once again prominent along the west coast, which is expected to bring good precipitation in Kerala over the next few days. Coastal Karnataka and Konkan and Goa will also receive good rainfall during ...
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CULTIVATION
Oilseeds, cotton coverage rises on monsoon revival
WITH the revival of monsoon from the last week of July, sowing of kharif crops, especially oilseeds and cotton, has picked up. Rainfall, which was 15 per cent below normal till July 28, was 10 per cent lower than average till August 4, ...
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RUBBER
`No room for panic on rubber imports'
THE Government's decision to remove port restrictions on import of natural rubber has triggered a furore in Kerala on fears of rubber prices plummeting due to higher imports. But tyre industry and traders say there is no room for panic. Kerala, ...
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Sluggish trend in rubber prices
THE physical rubber market remained sluggish despite covering purchases observed at low levels. Analysts expect the prices to slide further as the impact of the decision to lift the port restriction continued to hover over the market. Buyers ...
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EPCES hails move on natural rubber imports
AGRICULTURAL INSTITUTIONS
Largest germplasm collection with Icrisat
THE R.S. Paroda Genebank at the International Crops Research Institute for Semi-Arid Tropics (Icrisat) here has 1,13,849 accessions of pearl millet, sorghum, chickpea, pigeonpea and groundnut from 130 countries, according to the institute's ...
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COTTON
Cotton output may surpass initial estimates
COTTON production during the current season to September is likely to be 179.46 lakh bales (of 170 kg), surpassing the Cotton Advisory Board's projection of 169 lakh bales. This may be reflected in the board's final tally to be released during ...
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OILSEEDS & EDIBLE OIL
US soyabean forecast lowered to 78.3 m tonnes
SUSPENSE over the latest forecast of American soyabean crop size for 2004-05 was unravelled on Thursday when the US Department of Agriculture (USDA) revised the number down to 78.3 million tonnes (mt), from the earlier forecast of a record 80 mt. ...
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TOBACCO
'No move to shift head office of Tobacco Board'
THERE is no move to shift the head office of the Tobacco Board from Guntur and, if there is one, the farmers and people's representatives from Andhra Pradesh will oppose it tooth and nail, Dr Y. Sivaji, President of the Andhra Pradesh Tobacco ...
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SPICES & CONDIMENTS
Spices body to seek cap on pepper imports
THE India Pepper and Spice Trade Association (IPSTA), piqued by the flooding of the domestic market with imported pepper and other spices from the SAARC countries at concessional duty, plans to urge the Kerala Chief Minister, Mr A.K. Antony, to ...
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