Business Daily from THE HINDU group of publications
Saturday, Jul 15, 2006


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Industry & Economy - Alternative Medicines
States - Tamil Nadu
`Export council must for medicinal herbs'

Our Correspondent

Madurai , July 14

The Sattur Chamber of Commerce and Industries has urged the Union Ministry of Commerce to set up a special export promotion council to give a boost to export of medicinal herbs to foreign countries.

In a letter addressed to the Union Minister of State for Commerce, Mr Jairam Ramesh, the chamber Secretary, Mr P.T.K.A. Balasubramanian, said the move would help purchase of herbs from farmers directly. New exporters also would emerge on the scene.

He said India is lagging behind China in the export of medicinally valued herbs. While China exports herbal medicines worth $10 billion a year, India exports hardly Rs 700 crore.

India stands first in the wealth of medicinal plants. Of these, even 5 per cent of the plants are not going to export. The valuable medicinal plants will cure many diseases such as diabetes, cancer etc, he added.

More Stories on : Alternative Medicines | Tamil Nadu

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Employers' bid to make people employable


Kerala launches deficit rain insurance cover
TNEB sets up task force on evacuation of wind power
Old-age pension raised to Rs 200
Pricol, Indian Bank, LIBA win MMA awards
French honour
Madras HC admits plea against bogus ration cards issue
Exports rise 40.17 pc in June
`Review on oil prices only next month'
Why investment-linked sops make better economic sense
No change in our stance on inflation: RBI
Inflation up on costlier manufactured items
`Implement HIV/ AIDS policies at workplace'
Apollo to serve Ethiopian patients
`Crude may top $80 in short term'
Energy policy on backburner
`6-hour power supply for rural areas'
`GST promises to have a positive impact on all stakeholders'
Chidambaram, VAT panel chief discuss compensation package
AP to examine VAT rate on tea
NTC close to assuming single corporate entity
Govt will crack down on terrorists
India Vision to launch second channel in Nov
Luxor acquires stake in prep school
AP okays Vedic varsity draft
IPE announces admission
MAHE plans more tie-ups with overseas universities
India ranked 11th in OICA global car output for 2005
Lamborghini debuts with 2 models
HDFC property fair in Madurai
Cambridge, Cushman &Wakefield tie up
Plea for higher duty drawback rate for cotton knitted garments
Panel to monitor divestment of WMDC stake in MSL
FIPB clears 68 pc FDI in Hutchison Essar
Stringent monitoring of foreign investments mooted
Renascent ties up with Hope Trust
Star told to share channels with Dish TV in 15 days
G-8 Summit: Lots of issues to ponder over
Mack Brooks, Inter Ads tie up for airport expos
Tax officer as business manager
Taxation Laws Bill amended
Kerala hopes to get disaster relief soon
Floods hit rail traffic between Kolkata port, Amingaon ICD
ADB to give $5-m grant to Kerala, TN
Why does the wire go haywire during a jam?
`Export council must for medicinal herbs'


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2006, 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