Business Daily from THE HINDU group of publications |
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Agri-Biz & Commodities Events 2007 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Events in June 2007 June 1: The annual wholesale price index-based inflation rises 5.06 per cent during the week ended May 19, lower than the previous week’s increase of 5.27 per cent. The Uttar Pradesh Government scraps her predecessor administration’s Sugar Industry Promotion Policy of 2004. June 7: Barely a week after the 10-lakh tonne (lt) wheat import tender by the State Trading Corporation of India (STC) is scrapped, it is the turn of the other parastatal, MMTC Ltd, to float a tender for 50,000 tonnes. The Finance Ministry does away with port restrictions on imports of quota tea from Sri Lanka at a concessional rate under the Indo-Sri Lanka free trade agreement. The Department of Forests, Kerala issues notice to Tata Tea for possessing 3,113 acres of "excess" land in the Munnar hills. June 11: Coir Board seekst urgent remedial measures from the RBI for the industry. June 13: Multi Commodity Exchange of India and Shanghai Futures Exchange of China sign a MoU to share knowledge and expertise for further development of their exchange ecosystems. June 21: The Centre approves the financing of an additional 30 lakh tonnes sugar buffer. The Union Cabinet gives in-principle approval to an action plan for the food-processing sector that aims to help the industry double its share in global food trade by 2015. June 25: The first round of special purpose tea fund (SPTF) loans to Assam launched with a view to accelerating the pace of replanting and rejuvenation of tea gardens to enhance their productivity June 26: In order to take price information on polymers to portal subscribers, the National Commodity and Derivatives Exchange Ltd (NCDEX) enters into an agreement with online portal www.polymerupdate.com. June 29: The Empowered Finance Committee clears the special rehabilitation package for 33 closed tea gardens in the country.
Events 2007 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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