Financial Daily from THE HINDU group of publications
Monday, Nov 08, 2004

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Agri-Biz & Commodities - Plantations


Karnataka to discuss planters' woes

Our Bureau

Bangalore , Nov. 7

THE Karnataka Government would convene a core group meeting within 15 days to resolve the issues raised by plantation industry that has sought tax reliefs and interest waiver among other things.

The Karnataka Chief Minister, Mr Dharam Singh, after hearing the issues raised by the Karnataka Planters Association (KPA) at its 46th annual conference on Saturday said the meeting would be attended by the Deputy Chief Minister and Finance Minister, Mr Siddaramaiah, Government officials concerned and representatives of the plantation industry. The Government would give a "sympathetic consideration" to the requests made by the KPA.

The Union Minister of State for Planning, Mr M.V. Rajashekaran, suggested that the growers focus on producing quality coffee even while compressing the production costs. Assuring the growers that the Government was with them, Mr Rajashekaran said, "The Planning Commission would look at appropriate policy measures needed to support the industry going forward."

The plantation industry among other things has sought reduction in agricultural income tax, abolition of purchase tax and waiver of interests on the loans taken by the growers from the co-operative banks.

More Stories on : Plantations | Karnataka

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



Stories in this Section
Banking on agri-credit


Allahabad Bank targets agri-credit above Rs 3,000 cr
Basmati turns costlier on fears of output fall
Karnataka to discuss planters' woes
It's time to take tea lessons from Lanka
Cotton futures likely to fall
Food for thought
Support system
Milky way
AP Govt firm on completing irrigation projects: CM
The fair



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 © 2004, 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