AGRI-BIZ & COMMODITIES
FARM CREDIT
Joint Liability Group: A key initiative
A PILOT project to offer bank funds to small and marginal farmers and village artisans has been recently seeded by Nabard (National Bank for Agriculture and Rural Development), going by the Report on Trend and Progress of Banking in India, ...
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CULTIVATION
FAO to launch project for organic farming
THE Food and Agriculture Organisation (FAO) is gearing up to kick off two major initiatives that will work towards the reduction of external inputs like chemical pesticides and encourage organic farming methods in India. The FAO is also ...
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Plea to cultivate more dry crops during rabi season
THE Transmission Corporation of Andhra Pradesh (APTransco) has appealed to farmers to cultivate only irrigated dry crops such as maize, wheat, pulses and oilseeds rather than paddy in the current rabi season. APTransco Chairperson Ms Rachel ...
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INSIGHT
`Shrimp wars' in the making
LAST week, the Kochi-based trading and seafood company Choice announced ambitious plans to make a grand entry into the UK market with its range of branded prawns. The company, which claims to have exported $40 million worth of prawns to the US ...
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RUBBER
Spot rubber prices steady
SPOT rubber prices were quoted steady on Monday. Both buyers and sellers preferred to stay back in the absence of a clear directive and the trading volumes were limited. After a slight improved closing on Saturday on covering purchases growers ...
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`Cos must get Cenvat credit for cess paid on natural rubber'
THE domestic tyre industry has urged the Finance Ministry to allow tyre companies to avail themselves of central value added (Cenvat) credit on the cess paid on natural rubber. In its pre-budget memorandum to the Finance Ministry, the ...
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SUGAR
N. India mills scramble for sugarcane supplies
AFTER a gap of nearly five years, a fresh `sugarcane war' has seemingly broken out in the North, prompted by a combination of scarce crop availability and State Governments' renewed populist rigour. The trigger for the latest war has come from ...
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Orissa CM inaugurates Nayaagarh Sugar Complex
THE Orissa Chief Minister, Mr Naveen Patnaik, on Sunday inaugurated the new-look Nayaagarh Sugar Complex Ltd at Panipoila in Nayagarh district of the State reviving the hopes of the sugarcane growers of the region. Speaking on the occasion, Mr ...
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WATER
UN expert prescribes big dams
THE United Nations water resources expert, Mr T. Hanumantha Rao, has advocated the construction of big reservoirs with large capacities in the country. The linking of rivers does not mean mere construction of canals between rivers, but ...
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COAL
Low participation hits Coonoor tea auctions
THE auctions conducted by the Coonoor Tea Trade Association (CTTA) here on Sunday evoked poor response from the buyers. "The attendance by the buyers was low and their participation still lower. Only very few lots were sold in the electronic ...
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METALS
Metals market awaits China currency revaluation
WILL the Chinese currency be re-valued any time soon and by how much? Renewed expectation of a revaluation in the Chinese currency Renminbi is not only currently engaging the attention of players in the metals market, but also fuelling ...
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COTTON
Vaghela opposes developed nations' subsidy for cotton
A severe criticism of the high levels of financial support extended by developed economies to their farm sector became the common refrain of speakers at the inaugural session of the 5-day plenary meeting of the International Cotton Advisory ...
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OILSEEDS & EDIBLE OIL
ITC initiates study to find causes for gap in soya yield
ITC Ltd has launched an initiative to look into the causes for the continuing gap between the actual and potential yields of soyabean crop in the country despite sustained emphasis on increasing productivity and production. The tobacco major, ...
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CREDIT CARDS & DEBIT CARDS
IBA told to rectify faulty areas in Kisan Credit Cards scheme
THE Reserve Bank of India hassaid that it has asked Indian Banks' Association (IBA) to take remedial action on some of the issues pertaining to Kisan Credit Cards (KCC), primarily to improve the flow of credit to the agriculture sector under the ...
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