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Saturday, November 20, 2004

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AGRI-BIZ & COMMODITIES

INFORMATION TECHNOLOGY
The Indian farmer ploughs on
WITHOUT exception, farmers in the Bhopal/Sehore belt of Madhya Pradesh are angry with the UPA Government for the steep increase in the cost of diesel. Mangelal Verma, the sanchalak (a service provider of sorts) of ITC's e-choupal at ... More

PLANTATIONS
`Domestic policies also hurting plantation sector'
THE plantation industry is being edged out of the market as much due to domestic policies as international competition. "Trade should not be just free but also fair," said Mr Vijayann P. Rajes, Chairman, Planters' Association of Tamil ... More

RUBBER
Rubber declines on weak global trend
HEAVY losses in the international markets initiated another downtrend in the domestic spot rubber prices on Friday. A downward sealing in TOCOM created an almost panic like situation in the main marketing centres as traders blindly sold their ... More

Notification issued on rubber exports subsidy — Sops for all grades cut by half for current fiscal
THE Centre issued a notification on Friday on subsidy for the export of various grades of natural rubber. However, it has cut the subsidy by half for the current fiscal. The subsidy for export of RSS has been cut from Rs 3.50 per kg to Rs 1.75, ... More

TEA
Tea Board probing samples of consignment to Libya
IT appears that Libya is a jinxed market for the Indian tea sector. After 2000, exports to Libya have once again come under the scanner because of allegations that a large consignment of poor quality Vietnamese tea is being re-exported to Libya ... More

JUTE
Plan panel nod for jute tech mission soon
THE Planning Commission is likely to take a final decision on the proposed Rs 550-crore Jute Technology Mission by the end of the current fiscal. This was announced by Mr J.K. Sharma, Joint Secretary, Union Ministry of Textiles, at the ... More

Call for indefinite strike in Bengal jute mills from Nov 29
ONCE again, the West Bengal jute industry is facing a labour crisis. The central trade unions have called an indefinite strike from November 29 in the 59 jute mills of the State. A tripartite meeting between representatives of the 14 central ... More




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