The Hindu Business Line : Wednesday, September 24, 2003

Bengal rice millers form body to sell `carbon credits'
CLEAN Development Mechanism (CDM) and Kyoto Protocol are not concepts that one would readily associate rice millers with. But 16 such units in West Bengal have formed an association to bring in funds for the units selling `carbon credits'. The ... More

WHEAT

Yadav moots pvt sector role in wheat procurement
THE Minister of Consumer Affairs, Food and Public Distribution, Mr Sharad Yadav, has suggested the participation of private trade in the procurement of wheat to instil a spirit of competitiveness in the system. This, he said, would eventually ... More

SEEDS

Call to develop quality seeds

INSIGHT

No sign yet of urea decontrol
A hike in the urea price to reflect the increase in cost is fundamental to fertiliser reforms. But, being a politically-sensitive issue, it has received scant attention. The new urea policy also ignores the nexus between the high feedstock cost and h igh urea production cost. It is thus most unlikely that the conditions for a smooth transition to decontrol of the urea price will be created, says Uttam Gupta. More

RUBBER

Rubber prices remain static
RUBBER market was steady on Tuesday. All the rates remained static as major buyers remained on the sidelines, adopting a wait and watch policy. Scattered enquires from the covering group could not create any impact on the rates. The ... More

TEA

Govt mulls scrapping of TMCO — May replace it with 100 pc compulsory tea auctioning
The initial idea of bringing about transparency in the tea sector through the TMCO appears to have failed. More

Tea Board to offer subsidy for pruning
IN its efforts to ensure quality production, the Tea Board is to shortly expedite the long-pending pruning subsidy scheme. Informed sources told Business Line that based on the recommendation of the Madhukar Committee report, banks had ... More

BoI seizes tea unit in Coonoor
BANK of India has taken possession of a tea factory in Coonoor under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002. The move has come at the most unexpected time. The bank's ... More

METALS

Metal scraps trading resumes
METAL scrap trading has resumed, following the announcement of reduction in Tax Collection at Source (TCS) from 10 per cent to just one per cent on non-ferrous metals scrap, trade sources said. The levy of one per cent TCS will be in force from ... More

COCONUT & COPRA

CDB initiatives to develop coconut products
THE Kochi-headquartered Coconut Development Board is supporting several research initiatives intended to develop value-added coconut-based products. Projects that are currently on include an initiative to improve the packaging used to retail ... More

CASHEW

Cashew sector seeks Govt support to take on Vietnam
"In the coming years, we can expect stiffer competition not only in cashew kernel exports but also in raw cashew nut imports." More

POULTRY

Meet on poultry industry in Bangalore

IPR

A new trend in protecting breeders' rights
WHAT do you think is common to white cup, elegance pink, pink shade and Siam snow, pearl snow, Thai candy? These are the popular names of varieties of turmeric. More importantly, while the first three are protected by Takeda Chemical Industries ... More

PEOPLE

New CEPC chief
THE reconstituted committee of administration of the Cashew Export Promotion Council of India (CEPC), at its meeting held on Monday has unanimously elected Mr P. Bharathan Pillai, Managing Partner of Asiatic Export Enterprises, Kollam as Chairman ... More

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