Financial Daily from THE HINDU group of publications
Wednesday, May 21, 2003
Agri Prices (May 20)
Sugar S-301151 (1151)
Palm oil375 (378)
Ground ready530 (535)
Coconut oil ready5250 (5250)
Pepper garbled7700 (7500)

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AGRI-BIZ & COMMODITIES

FARM CREDIT


Farm loans in drought-hit areas — Co-ops seek deferral of interest payments
THE agriculture and rural development banks across the country, including the financially stronger ones, fear the prospect of defaulting to National Bank for Agriculture and Rural Development (Nabard). The default spectre looms large owing to ... More

FERTILISERS


Govt may change norms to assess urea subsidy
THE Government is contemplating a change in the basis of calculating the subsidy on urea payable to the producing companies. Currently, it is determined on the basis of despatches from the factory gate. It is now being contemplated that instead ... More

INFORMATION TECHNOLOGY


Info network to be set up for farmers
THE Indian Institute of Information Technology and Management, Kerala (IITM-K) and the Farm Information Bureau under the State Agriculture Department are close to signing a memorandum of understanding for setting up the Karshaka Information ... More

PESTICIDES


Govt to amend Pesticides Act
NEW DELHI: The Government is contemplating an amendment to the Pesticides Act, under which it will be compulsory for all dealers of pesticides to have a qualified dispenser who can advise the farmers on the right choice and method of ... More

RUBBER


Rubber market turns bullish
THE rubber market was bullish on Tuesday following reasonably good demand and sellers keeping off. The covering group was making efforts to book quantum requirements, but had only marginal success as most of the growers were not interested in ... More

COCONUT & COPRA


`Coconut oil increases life expectancy'
LIFE expectancy of the people who consume more coconut oil and kernel is said to be longer than that of others. Observations recorded in many countries where coconut kernel and coconut oil form major dietary components have shown a longer life ... More

SPICES & CONDIMENTS


20 pc drop seen in Brazil pepper output
PEPPER production is Brazil is likely to be down by 20 per cent in 2003, the International Pepper Community (IPC) has quoted the Associacao Brazileira Dos Exportadores E Productores De Pimenta Do Reino (ABEP) Brazil as saying. The ... More

Cardamom prices fall on oversupply, poor demand
Except for some purchases by upcountry buyers, there is no activity in the market. Exporters are also not active. More

WTO


Consortium of innovative farmers mooted for Kerala
THE report of the Commission on WTO Concerns, set up by the State Government, has suggested the formation of a consortium of innovative farmers aimed at providing leadership to the productivity, quality and profitability initiatives that might ... More

NATURAL CALAMITIES


AP govt urged to waive endowment land dues
THE Communist Party of India (Marxist) today demanded that the rental dues on endowment lands in the drought-hit areas be waived. In a press release on Tuesday, Mr B.V. Raghavulu, CPI (M)'s State unit Secretary, asked the Government to hold ... More

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