Financial Daily from THE HINDU group of publications
Monday, January 31, 2005

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Public sector banks raise farm lending
IT appears that the Union Government's directive to banks on agricultural credit growth was not merely a statement of pious intentions. It has also started cracking the whip. The result is very visible — a substantial increase in ... More


TN drive to improve pulses output
MADURAI: The State Commissionerate of Agriculture has signed an agreement with National Agriculture Cooperative Marketing Federation (NAFED) to improve the cultivation of pulses and provide marketing facilities for farmers. As per the ... More


KAU told to tap IT better
THIRUVANANTHAPURAM: The general council of the Kerala Agricultural University (KAU) has suggested that information technology should be effectively tapped for disseminating information on the agricultural sector in the State. ... More


Cotton to test support levels
NYCE cotton futures finished lower on long liquidation and follow-through selling from Thursday's crash, after hitting a 14-week high recently. Markets were awaiting a report on planting intentions from the National Cotton council on Friday, ... More


Hatsun Foods — Milking the logistics advantage
TO BUY a product from more than 8,000 farms, bring it to processing facilities and redistribute it to 10,000 dealers all in one day and everyday calls for some keen logistics management. If the product — in this ... More

Amul claims to follow strict labelling norms
THE butter that you buy in June may have already been manufactured in January, but it would be perfectly safe to consume it, assure top Amul officials. Describing the discovery of butter packets bearing a March 2005 manufacturing date at one ... More


VAT panel yet to decide on purchase tax on foodgrains
THE 4 per cent purchase tax on foodgrains currently levied by States such as Punjab and Haryana continues to be a thorny issue for the Empowered Committee of State Finance Ministers on Value Added Tax (VAT). The VAT panel is yet to firm up its ... More

TN foodgrain traders protest
MADURAI: The Tamil Nadu Foodgrains Merchants Association will join the proposed Bharat bandh called by the Confederation of All-India Traders on February 1 to register their protest against the shifting of the liability of service ... More


Nabard sanctions Rs 373 crore for AP rural infrastructure
THE National Bank for Agriculture and Rural Development (Nabard) has sanctioned Rs 373 crore to Andhra Pradesh for implementing projects for rural roads, bridges and lift irrigation. The loan assistance was sanctioned by the Project ... More


You'll cotton on to this
Information is money - this is how a Gujarat IT initiative empowers cotton farmers so they can spin profits from the crop. More


Cottonseed oil at 10-year low
EDIBLE oil prices within the country are continually sliding amid expectation of a large rapeseed/mustard crop and weak international prices, especially of soyabean and palm oils. The worst hit is washed cottonseed oil. Price of this oil has ... More


`Educate small farmers on farm management'
THE Executive Director of Sri Kshetra Dharmasthala Rural Development Project (SKDRDP), Dr L.H. Manjunath, has urged the agriculture universities to educate farmers - especially those with smallholdings - on farm management plans. ... More


AP CM arrives in Beijing
THE Chief Minister, Dr Y.S. Rajasekhara Reddy, arrived in Beijing on Sunday on a six-day visit to China. He will look into the massive Three Gorges Dam project being taken up in the Hubei province. This has been included in Dr Reddy's itinerary ... More


Aussie co promoting organic plant growth to expand in India
BATPHONE Australia, a provider of eco-friendly products for growing plants the organic way, plans to expand its product range in India and set up a small unit to assemble custom-designed packs to meet local demands. The $4-million ... More

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