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Thursday, July 08, 2004

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AGRI-BIZ & COMMODITIES

ECONOMIC SURVEY
Survey calls for restraint on grains MSP hike
The Survey calls for restraint on MSP till it matches the production cost. It has suggested fixing a purchase cost of MSP plus four cent with the burden on States to notify how this would be shared with the farmers. More

Reforms — a must in food management
THE chapters on agriculture as also on prices and food management in the Economic Survey 2003-04 released on Wednesday, are bound to leave most readers with a sense of ennui. Haven't we read all this before? Whether it is the issue of food ... More

FARM CREDIT
Dena Bank's rural thrust
MUMBAI: In an endeavour to enhance credit to the farm sector, Dena Bank has identified ``100 thrust'' branches in the rural areas and plans to hire 100 agriculture officers shortly. In Gujarat, where Dena Bank heads the State-level banks' ... More

RUBBER
Rubber turns weak
THE spot rubber market turned weak as the covering groups and purchase agents kept a low profile. Sheet rubber lost 25 paise to close at Rs 67.50 against Rs 67.75 on Tuesday. The arrivals were thin while intensified rains continued to put ... More

GOLD & SILVER
AMFI for MF investments in gold, silver
GOLD, silver and other metals will be the first commodities you will be able to invest in through the mutual fund route. The Association of Mutual Funds in India (AMFI), which went into the possibility of mutual funds investing in commodities ... More

JUTE
Calcutta HC quashes Jute Packaging Order
TWO positive developments have taken place for the ailing jute industry. While the Calcutta High Court quashed the Union Government's move to dilute the mandatory packaging orders, the Prime Minister has assured more jute bags for the packaging ... More

AGRICULTURAL POLICY
Conversion of paddy fields will be prohibited in Kerala: Minister
THE State Government will ensure that the Land Utilisation Act is implemented in letter and spirit in order that conversion of paddy fields comes to a virtual stop, according to the State Minister for Agriculture, Ms K.R. Gouri. It was merely ... More

NATURAL CALAMITIES
Centre urged to let panels probe ryots' suicides in AP
THE Centre should appoint a high power committee to go into the suicides of farmers being reported in agriculturally advanced States such as Punjab, Andhra Pradesh and Karnataka and suggest corrective measures, noted agriculturist and former MP, ... More




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Top Stories
Gujarat eyes country's `energy hub' status


Maruti hopes to cross half-million mark this year

Survey calls for restraint on grains MSP hike

`Draft norms on crossholdings may hit hard bank stocks'

'Postal subsidy rationale should be clarified'

Cell subscriber base up 1.3 m in June

Looking back
Jun. 27-Jul. 3
Farm credit package sparks optimism among tractor makers

Gold prices may soften in H2

Rubber shortage forces tyre cos to import more

Spices exports double in Apr-May

Indian Bank channels credit direct to farmers

Indian sugar output may weigh on global market

Higher sales tax leads to rubber smuggling

PM announces slew of sops to kin of deceased farmers

After a dry last week of June — Monsoon just about normal


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