AGRI-BIZ & COMMODITIES
FARM CREDIT
One-time settlement plan for small farmers — IBA asks banks to implement farm schemes
THE Indian Banks' Association has drawn up three schemes to improve credit flow to the farm sector. Mr V. Leeladhar, Chairman, IBA, today urged banks to implement the new schemes. "Banks should evolve a strategy to implement these schemes with ...
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CORPORATE
Budget makes farm-linked businesses smile
IN the first few hours after the Union Budget, the thin line between a grin and a groan seemed a business link to agriculture. From within the automobile sector, Tata Motors offered a guarded view while Mahindra & Mahindra (M&M), which has th
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RUBBER
Rubber prices inch towards Rs 70 a kg
In a rare occurrence, rubber futures prices are ruling higher than spot pepper rates.
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Spot rubber rates static
THE spot rubber rates were static on Monday. The market continued to witness acute shortage of the raw material but the strong buyer resistance kept the prices almost steady. The shortage has occurred as the monsoon continues to hamper tapping in ...
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TEA
Tata Tea to boost global presence — Focus to remain on branded business
TATA Tea said on Monday it plans to increase its global presence through acquisitions in "right geographies" and also by further developing its product portfolio. The company's focus would clearly be on its branded business, that accounted for ...
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Tea output down
GLOBAL tea output in the first five months of this year is marginally down by 0.8 million kg compared to the corresponding period of 2003. Information from producing countries indicates a production of 515.6 million kg between January and ...
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AGRICULTURAL INSTITUTIONS
Icrisat DG in Kalam's team to Tanzania
SPICES & CONDIMENTS
Spices Board to launch direct cardamom sales
THE Spices Board will be launching direct marketing of cardamom in consumer packs through State Trading Corporation from the next harvesting season beginning mid-Aug. The Board has already appointed an advertising agency to design the packages ...
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GENERAL INSURANCE
Rs 185-cr crop insurance for AP farmers released
THE Agriculture Insurance Company of India Ltd (AIC) has released Rs 185.49 crore claims to benefit around 3.29 lakh farmers cultivating four major crops in Andhra Pradesh. While the share of AIC is Rs 52.43 crore, the balance of Rs 133.06 ...
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AGRICULTURAL POLICY
CCEA nod for copra, raw jute MSP
NEW DELHI: The Cabinet Committee on Economic Affairs (CCEA) has approved the Minimum Support Prices (MSP) of copra for 2004 season. The prices for milling copra have been increased by Rs 180 per quintal to Rs 3,500 per quintal. The price ...
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TRADE & LABOUR UNIONS
Union leaders chided
THIRUVANANTHAPURAM: The Labour Minister, Mr Babu Divakaran, has charged trade union leaders with stalling moves aimed at opening the 12-odd plantations in the hilly districts. Replying to a Calling Attention Motion in the State ...
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NATURAL CALAMITIES
AP orders judicial probe into suicides
THE State Government has decided to constitute an Agriculture Commission to study the agrarian crisis facing the State, while agreeing to the Opposition demand for a judicial enquiry into the issue of farmer's suicides during the last nine ...
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Uproar in Kerala Assembly over suicides by farmers
UNENDING reports of suicides by farmers in Palakkad and Wayanad districts led to an uproar in the State Assembly and triggered a walkout by the Opposition on Monday. An adjournment motion moved earlier had been disallowed, which forced members ...
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