Financial Daily from THE HINDU group of publications
Tuesday, September 14, 2004

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Nabard sanctions Rs 144.27-cr loan to Kerala State Co-op Bank
THE National Bank for Agriculture and Rural Development (Nabard) has sanctioned a loan of Rs 144.27 crore to Kerala State Co-operative Bank Ltd (KSCB) for 2004-05. The amount, bearing an interest rate of 5.25 per cent, is intended for ... More

Monsoon volatile in Kerala
THE performance of the southwest monsoon during the four days ending September 12 varied from being indifferent to moderate to reasonably heavy in Kerala. According to the Agromet Bulletin issued by the Met Office, Thiruvananthapuram, monsoon ... More

Merger of sick seafood units proposed
THE Kerala State Industrial Development Corporation (KSIDC) has mooted the amalgamation of a number of troubled seafood processing units to form a single entity in a bid to help them overcome their present financial crisis. There are around 90 ... More

Fisheries college bags 2 projects
MADURAI: The Fisheries College and Research Institute in Tuticorin has secured two projects amounting to Rs 31.62 lakh from the Indian Council of Agricultural Research and the State Government to carry out research on enhanced quality seed ... More

Selling pressure pulls down rubber
HECTIC selling from traders and small growers pushed down the spot rubber prices to further lows on Monday. The continuous absence of major manufacturers made the market operators panic. The exporters were also not active as expected though ... More

Kerala Govt urged to stop decline in rubber prices
THE Cochin Rubber Merchants Association has sought the intervention of the Kerala Government to arrest any further fall of natural rubber prices by giving a subsidy for rubber exports. "As an immediate relief, the State Government may announce ... More

2 lakh t more sugar under free sale quota
THE Union Government has released two lakh tonnes of sugar as additional quota for indigenous free sale for September. This is in addition to 15.16 lakh tonnes of sugar already released for this month as free sale plus levy quota. Thus, total ... More

Nickel cathode declines on low demand
AFTER recovering for a brief period, nickel cathode prices in the domestic market have fallen sharply. On Monday, nickel cathode was quoted at Rs 720 a kg, down Rs 40 from Rs 760 quoted on August 20. This has been mainly due to selective ... More

`Dependence on grain sector not sustainable'
The report, however, fails to highlight disguised subsidies given in the form of bank credit to the agricultural sector in water-short areas, or to the weaker sections in rural India as a whole, only a small proportion of whom are able and/or willing to use bank credit for lasting increases in productive capacity. More

US soya output pruned further
A FURTHER reduction in the 2004-05 US soyabean crop has been forecast by the US Department of Agriculture (USDA), placing anticipated production at 77.2 million tonnes, down from last month's forecast of 78.3 mt. The first forecast made in May ... More

Nabard expands scope of kisan credit cards
IN a bid to meet the entire credit requirements of farmers, the National Bank for Agriculture and Rural Development (Nabard) has expanded the scope of the kisan credit card scheme to include capital and personal expenses of ... More

Seminar on tuber crops
THIRUVANANTHAPURAM: The Central Tuber Crops Research Institute (CTCRI) here will play host to a four-day training programme on `Advanced production technology of tropical tuber crops and their value addition' that commences on Tuesday. ... More

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