Financial Daily
from THE HINDU group of publications

Thursday, September 13, 2001





Southern flour mills' plea to Centre
CHENNAI: The Associations of Roller Flour Mills from the South Indian States have urged the Centre to make the open sale price of Food Corporation India (FCI) wheat at a uniform price in all the four regions of the country. They also want the price to b e pegged below the market price, so that the excess stock in the FCI godowns can be liquidated.

Drought hits sowing, yield -- AP farm sector loss seen at Rs 4,000-cr
THE agriculture sector in Andhra Pradesh is expected to incur a production loss of around Rs 4,000 crore during the current kharif season on account of the prevailing drought conditions.

Greenpeace charge on GM rice research
MUMBAI: Open field trials of genetically engineered (GM) rice containing human genes are being carried out in the heart of California's traditional rice growing region, according to Greenpeace. The experiment is being carried out to produce pharmaceutica ls and no special effort to protect the environment and the food chain has been made, the activist group said.

Bengal in pact to produce hybrid seeds
KOLKATA: The West Bengal Government has entered into a joint venture agreement with a private sector company in Maharashtra for production of hybrid vegetable seeds.

Elected UPASI office-bearers
COIMBATORE Mr I.J.J. Rebello of Doddengudda Estate in Karnataka and Mr P.S. Wallia of Stanes Amalgamated Estates in Tamil Nadu have elected as President and Vice-President of the United Planters' Association of Southern India at its AGM held in Coonoor o n Tuesday.--Our Bureau

Planters seek tax sops to take on global competition
THE captains of the plantation industry have sought tax reliefs and other concessions to make the sector globally competitive. These demands were made after a brain-storming discussion on the ills plaguing the sector during the annual United Planters' As sociation of South India (UPASI) conference in Coonoor earlier this week.

US cotton shippers reach out to Indian mills
BUOYED by the ready response from the Indian textile spinners, especially in the South, in sourcing the overseas cotton, US cotton shippers have quickly covered the ground to expand their market share.

WTC attack may disrupt trade
WORLD trade in cotton is likely to be disrupted in the near term due to the attacks that brought down the twin 110- storey towers of the World Trade Centre in New York.

Former EICA chief dead
MUMBAI: Mr. Purshottamdas Jhunjhunwala, former president of the East India Cotton Association (EICA), died in Mumbai on September 9.

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