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Tuesday, August 17, 2004

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AGRI-BIZ & COMMODITIES

FARM CREDIT
SBI Kerala Circle draws up special farm credit plans
SBI Kerala Circle, which has increased the credit-deposit ratio by more than nine per cent, has drawn up special programmes to finance farmers through the Vegetable and Fruit Promotion Council Keralam (VFPCK) for financing in Agri-Export ... More

Staff transfers needed for rural schemes: IBA chief
THE Chairman of the Indian Banks' Association (IBA), Mr V. Leeladhar, has appealed to the unions and associations of the bank staff and officers to immediately withdraw the proposed nation-wide strike on August 24. He urged them to extend ... More

Nabard plea to allow RDB to raise deposits for farm credit
Cooperatives and Nabard should join hands for strengthening the primary agricultural credit societies. More

Syndicate Bank to step up farm credit
INVESTMENT credit in agriculture sector, which has come down in the last two decades, needs to be increased to increase farm productivity, according to the General Manager of Syndicate Bank, Mr B. Pramod. Addressing a branch managers' ... More

Banks cast the net for agri officers
Some banks are picking up agri graduates from the campus on a contract basis and some others on an experimental basis for 3 to 6 months. More

Union Bank to lend more for agriculture
UNION Bank of India has chalked out several schemes for agriculture sector in addition to those firmed up in close association with the Indian Banks' Association (IBA), the bank's Chairman and Managing Director, Mr V. Leeladhar, has said. Mr ... More

CLIMATE & WEATHER
MET SIGNS
More rains forecast for South Kerala
THE upper air cyclonic circulation over North Bay of Bengal and adjoining Gangetic West Bengal is persisting, and this is expected to bring isolated heavy rain in South Kerala and Lakshadweep. Forecast valid until August 18 spoke about ... More

CULTIVATION
TN: 50,000 ha for samba cultivation
MADURAI: With the release of water from the Mettur reservoir, the Agriculture Department Officials in Tiruchi, are confident of covering 50,000 hectares in the district under samba cultivation. Though doubts are expressed on the adequacy ... More

AQUACULTURE
Ornamental fish rearing project for Lakshadweep
A PROJECT to rear ornamental fish is slated to come up in Lakshadweep islands during the course of this year. This project, which would be the first of its kind in the country, would be mainly targeted at the export market, the Union Minister for ... More

INSIGHT
Revisiting the edible oil policy
India is the world's largest consumer of edible oils, importing approximately 50 per cent of its requirement. Until 2003, higher import duties on refined edible oils hiked the prices of imported products to a higher level than the domestic product. W hile the subsequent scaled-qdown import duties on palm oil saw a surge in imports in June 2003, the duty on crude palm oil remained unchanged. This and the differential excise duties on edible oils are anomalies to be rectified if consumers' and indu stry's interests are to be protected. More

HORTICULTURE/FRUITS & VEGETABLES
Uttaranchal apples come to Chennai
UTTARANCHAL based UA Agrocoop, which started exporting apples last year, has introduced them in the Chennai market as a prelude to expanding to other markets. At the launch, Mr V.R. Murthy, Director, UA Agrocoop, said the company is part of a ... More

RUBBER
Rubber imports up 65 pc in first quarter
NATURAL rubber imports into India during the first quarter of the current fiscal rose by 65 per cent over the same period last year as tyre manufacturers increased imports in the face of soaring prices and shortage of supply in the domestic ... More

Spot rubber rates slip further on low enquiries
SPOT rubber prices surrendered further on Monday. The absence of major manufacturers kept the activities in an extremely low profile. Though the arrivals continued to be narrow amidst widespread rains, the prices failed to firm up against ... More

WATER
Srisailam reservoir receiving heavy inflows
THE Srisailam reservoir in Andhra Pradesh is receiving heavy inflows of over 2 lakh cusecs per day. Thanks to the unabated floods in the upper reaches of the River Krishna, the water level in the dam reached the mark of 874 feet on Monday as ... More

FAO inks pact with AP varsity for water project
THE Food and Agriculture Organisation (FAO) of the United Nations and the Acharya N.G. Ranga Agricultural University (ANGRAU) here signed an agreement for operating the Andhra Pradesh Water Management Project for five years up to 2008 under an ... More

Kerala: Water levels rise in major reservoirs
THIRUVANANTHAPURAM: Water levels at the three major reservoirs in the State - Idukki, Idamalayar and Kallada - have recorded significant rise when compared with the levels recorded during the same period last year. According to ... More

COTTON
Forward deals begin for new cotton crop
FORWARD transactions of new cotton crop have started in the Northern region, in States such as Punjab, Rajasthan and Haryana. Forward prices of select cotton varieties such as Bengal Deshi and J-34 have come down by around Rs 25/50 per maund (Rs ... More

COCONUT & COPRA
Coconut Development Board steps up drive to check adulteration
AS the coconut oil prices continued to rule high, rampant adulteration has become prevalent all over the country in branded coconut oil. In a sample study conducted by the Coconut Development Board (CDB) recently in 14 branded packages ... More

EVENTS
CITU march tomorrow in Kerala
THIRUVANANTHAPURAM: The State CITU has decided to hold marches to the Secretariat and District Collectorates on August 18. This is being organised to express solidarity with the indefinite fast by farmers' organisation leaders in front ... More




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