AGRI-BIZ & COMMODITIES
Bankers do field work, literally!
BANKERS seem to have taken innovative steps to expand their agriculture credit portfolio. Most of the south-based banks are capitalising on their presence in semi-urban and rural areas to expand agriculture credit portfolio as stipulated by the ...
ICAR focusing on genetic improvement of rice
THE Indian Council of Agricultural Research (ICAR) is moving forward in functional genomics and has already formulated a Rs 32-crore project that would initially focus on the production of transgenic rice variety, which would be resistant to ...
Agrarian crisis in Andhra Pradesh
The extensive nature of the agrarian crisis in Andhra Pradesh is now widely known. But it is not more generally recognised that what has already happened in that State is actually replicating itself to varying degrees across rural India. In this edit ion of Macroscan, C. P. Chandrasekhar and Jayati Ghosh investigate some of the problems affecting Andhra Pradesh agriculture, and the wider background in which they have occurred.
Fairly good rains in the past two days have brought cheer to the owners of nurseries. There is great demand for roses, hibiscus and nandivardhanam plants, says a vendor of flowering plants at Jagadamba junction in ...
Rubber prices up on covering purchases
COVERING purchases fuelled another uptrend in the physical rubber prices on Monday. Heavy overnight rains disrupted the tapping process all over the State resulted in an acute shortage of rubber. The covering groups and purchase agents ...
Move to register Nilgiris tea under Trade Marks Act
THE Tea Board and planters are in the process of getting the Nilgiris tea logo registered under the Geographical Indications (Registration and Protection) Act and the Trade Marks Act. The move to register the logo comes in the wake of a ...
Prices decline at Coonoor auctions
PRICES dropped on an average Rs 4 a kg when 11.8 lakh kgs of teas were offered at the auctions conducted by the Coonoor Tea Trade Association (CTTA) this weekend. Some upcountry buyers complained of a general decline in quality. "The ...
Haryana rabi output target at 105 lakh tonnes
HARYANA has set a rabi production target of 105 lakh tonnes during rabi 2004-05 against 102.42 lakh tonnes during the last rabi season. This includes 95 lakh tonnes of foodgrains and 10 lakh tonnes of oilseeds, according to the Chief Minister, ...
Nabard staff strike today
Low global cotton prices may affect domestic growers
DESPITE record world consumption of cotton projected for 2004-05, international cotton prices are expected to considerably weaken in the wake of a sharp increase in global production and rising inventory. In the emerging scenario, Indian ...
Bt Cotton crop likely to create problem of plenty in AP
GOOD crop is not always good news! The bumper cotton crop estimated during Kharif 2004 in the State is proving to be a headache for the administration. The State Government is now concerned that many more farmers could possibly take to cotton ...
MCX to launch cashew futures
THE Multi-Commodity Exchange (MCX) has decided to launch futures trading in cashew. MCX would offer futures trading in Cashew Kernel - White Whole 320 with contract size of 50 cartons (22.6 kgs each), quoted ex-Quilon. Delivery size would ...
SPICES & CONDIMENTS
Global pepper production pruned to below 3 lakh tonnes
WORLD pepper production will touch 2,93,000 tonnes this year. This is 33,500 tonnes less than the projected 3,26,500 tonnes for 2004, against the production of 3,35,160 tonnes in 2003. Mr S. Kannan, Director (Marketing), Spices Board, who has ...
MSP for rabi crops likely before sowing
THE Union Government will shortly announce the minimum support price (MSP) for various farm sector produce ahead of the 2004 rabi season, thereby deviating from the standard practice of announcing the MSP after the crop is sown. The Union ...
Metro Cash & Carry to help improve Karnataka farm supply chain
METRO Cash & Carry would be willing to help the State to improve the marketing and supply chain infrastructure for agriculture and other farm produce. It will directly involve itself with local organisations to improve marketing facilities and .
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