The Hindu Business Line : Saturday, August 06, 2005

BoI ties up with Nabard arm to fund projects
BANK of India has tied up with Nabard Consultancy Services (Nabcons), a subsidiary of Nabard, for financing agricultural projects. This will include appraisal of agricultural related projects, micro-finance activities and capacity building. The ... More

`Meet agri credit demands'
MANGALORE: Mr R.K. Madhukar, General Manager, Canara Bank, has urged the managers in rural and semi-urban areas to meet the credit demands of agriculture and small industry sectors. A release from the Mangalore circle office said on ... More

RUBBER

It's party time for rubber growers in Kerala as prices harden
ELDO Issac seriously wonders if the growing incidence of theft in his village has got something to do with the rubber prices. "People have more money in their hands these days. And it is getting visible. No wonder theft is increasing in my ... More

Sticky situation
A worker at a rubber plantation in Kochi. Domestic rubber prices have declined significantly in the last 10 days following a crash in major overseas markets. Currently prices are ruling at Rs 65, down from Rs 70 a kg. ... More

Further dip in rubber prices
RUBBER prices weakened further on Friday. Global trend continued to influence the domestic sentiments creating a panic in the main marketing centres. At TOCOM, the September futures for RSS 3 lost almost 5 yen in the initial hours of the ... More

SUGAR

UP sugar sector witnessing investment boom
IT has happened before only in the 1930s. Over the 2004-05 and 2006-07 seasons (October-September), the sugar industry in Uttar Pradesh would be investing almost Rs 4,000 crore towards creation of fresh cane crushing capacity of 1,25,000 tonnes ... More

TEA

55 catalogued teas fetch higher than average price
FIFTY-FIVE catalogued teas from the small scale private factories in the Nilgiris, called the bought-leaf factories, have fetched at least Rs 5 a kg more than the district average at the auctions of the Coonoor Tea trade Association so far this ... More

AP tea trade faces VAT problem
ANDHRA Pradesh will soon lose its `tea mandi' status, built over a period of 40 years in the areas that formed part of the erstwhile Hyderabad State, if the State Government sticks to the 12.5 VAT (value-added tax) slab on tea. Of the 21 States ... More

OILSEEDS & EDIBLE OIL

Vegoil imports continue to rise
VEGETABLE oil imports into the country continue unabated, despite Government claims of record oilseeds output in 2004-05, especially rapeseed/mustard harvested a few months ago. According to preliminary arrival data compiled by ... More

CASHEW

Efforts on to revive sops for cashew export
THE cashew industry is exploring all options, including legal, against the Union Commerce Ministry's decision to withdraw export benefits to cashew under the Vishesh Krishi Upaj Yojana (VKUY). After the announcement of these benefits to cashew, ... More

EVENTS

`Krishi Jagriti' from today
THE southern regional farmers festival, `Krishi Jagriti 2005,' sponsored by the Central Government, will be held as part of the proceedings of the 6th agricultural international exhibition to be inaugurated here on Saturday. The agri fair, ... More

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