Financial Daily
from THE HINDU group of publications

Wednesday, April 04, 2001





Codex `near consensus' on biotech foods norms
THE joint FAO-WHO Codex Alimentarius Commission's ad hoc inter-governmental task force has made significant progress in setting standards for foods derived from biotechnology.

Govt grants Rs 100 cr to Nafed for copra losses
THE Centre has approved an on-account payment of Rs 100 crore to be released `immediately' to the National Agriculture Cooperative Marketing Federation of India Ltd (NAFED) to meet losses incurred on account of copra procurement under the Price Support S cheme (PSS).

Dull trading continues in shrimp market
THE shrimp market continues to loll in the doldrums with Japanese purchasers lacking enthusiasm due to a weak yen, according to market sources.

`Contraband cigarettes to flood markets'
THE Karnataka Tobacco Growers' Forum has cautioned the Union Government that lifting of quantitative restrictions (QRs) on cigarettes will unleash a spate of contraband varieties, eroding farmers' income from quality tobacco cultivation.

Food & Dairy Products
No threat seen to poultry sector from QR removal
EXPORTING chicken products to India is not going to be easy for anyone just because the quantitative restrictions (QRs) are removed, says Ms Anuradha J Desai, the Chairperson of the Rs 600-crore Venkateshwara Hatcheries Ltd.

Cardamom prices steady on consistent demand
A CONSISTENT demand during the current season has kept the prices of cardamom steady unlike in the previous seasons and as a result the average price have not dropped below Rs 550 per kg.

A `spicy' solution to store curry powder
A BALANCED composition of spices in curry powder can prevent production of aflatoxin during storage.

EICA welcomes initiatives
THE East India Cotton Association (EICA) has welcomed the new Exim policy which has laid due emphasis on promotion of agricultural commodity exports.

Rubber among 300 `sensitive' items
ALMOST all tariff lines relating to rubber, on which quantitative restrictions were lifted from April 1, have been placed amongst the list of 300 `sensitive' items whose imports are to be closely monitored by the Central Government.

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