Agriculture
Medicinal plants cultivation project -- In STEP with Aditya Biotech
IN an initiative that could well become a harbinger of partnerships with private industry, the Science and Technology Entrepreneurs Park (STEP) of the Indian Institute of Technology, Kharagpur (IIT-KGP), has joined hands with Aditya Biotech Pvt Ltd for a
medicinal plantation project at Gopali near here. With this, STEP (IIT-KGP) has achieved the distinction of being the first one, out of 16 located across the country, to take such an initiative.
Wheat sale for export of processed products -- Flour mills seek FCI stocks cheap
PURSUANT to the Centre's announcement permitting the Food Corporation of India (FCI) to sell 20 lakh tonnes of wheat to roller flour mills for export of processed products, the industry is lobbying the Government for sale at a fairly low price.
Record global oilseeds production likely
OVER the last five years, global output of oilseeds has been consistently expanding by 7-8 lakh tonnes annually, while global annual vegetable oil production increase has slowed down from about 5 million tonnes (mt) four years ago to about 2 mt now.
Commodities
Thrust to widen coconut-based products
THE next time whe3n you order a soft drink to garnish your alcoholic beverage, you might be given the new choice of coconut water-based lemonade. Or when you ask for a can of cola from the road-side parlour, you will be given a new option of cooling your
throat with chilled coconut water served in aluminium cans.
Rubber
Rubber woes
A woman worker taps rubber at work in a plantation in Kerala's Kannur district. Though prices of natural rubber has shown some recovery, especially with the RSS 4 rising to Rs 3,375 per tonne, the turnover tax imposed by the Kerala Government last week c
ould have an adverse impact on the trade.
Tea
Weekly Kochi tea auction postponed
THE leaf sale at the Kochi tea auction scheduled to be held on Wednesday has been postponed in view of the State-wide hartal by traders against the imposition of turnover tax (TOT) in the recent Kerala Budget. The sale will be held on Thursday.
