Financial Daily from THE HINDU group of publications
Monday, Mar 14, 2005
Financial Daily from THE HINDU group of publications Monday, Mar 14, 2005 |
|
|
|
|
|
Agri-Biz & Commodities
-
Oilseeds & Edible Oil Plea to hike import duty on vanaspati Our Bureau
New Delhi , March 13 OIL traders have demanded a hike in import duty on vanaspati from its present level of 30 per cent. The President of Central Organisation for Oil Industry and Trade (COOIT), Mr Sandeep Bajoria, said the low import duty has resulted in losses to the domestic industry. He was speaking on the occasion of 26th rabi oil and oilseeds seminar organised by COOIT in the Capital on Sunday. Expressing concerns about the oilseeds production in the country, Mr Bajoria said though oilseeds sowing area has increased from 190 lakh hectares in 1986 to 260 lakh hectares at present, considering a huge increase in the population, the production remains insufficient. Oilseeds productivity, though has gone up to 1,000 from 570 kg per hectare, was still way-below the global level. The seminar was inaugurated by Mr Mangat Ram Singhal, Minister of Industries of Delhi Government, while Mr T. Haque, Chairman of Costs and Price Commission, was the chief guest. Mr R.S. Pandey Secretary, Oilseeds and Pulses Technical Mission, Mr Karnail Singh, Joint Secretary, Food Ministry, and Mr Alok Rajan, Managing Director, NAFED, were guests of honour.
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2005, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|