Social Connect


Latest News


Cotton body sticks to earlier crop estimate

COIMBATORE:   The Indian Cotton Federation (formerly South India Cotton Association) has maintained the cotton crop at its earlier estimate of 406 lakh bales for the 2014-15 season. The federation, according to its President J Thulasidharan, reviewed the position last week after assessing the loss due to crop damage, water shortage and reports of low yield in certain pockets. The federation's assessment shows that in the northern cotton belt comprising Punjab, Haryana and Rajasthan, the yield would sustain at 54 lakh bales, while in the central zone comprising Gujarat, Maharashtra and Madhya Pradesh, it would hover around 229 lakh bales and in the...

Last Updated: Tuesday, 13th January, 2015 03:02 PM Visits 440

Replace MSP with Profitable Price for farmers: Haryana to Centre

NEW DELHI: Haryana today urged the Centre to replace the 'Minimum Support Price' with 'Profitable Price' in consonance with recommendations of the Swaminathan Commission under which farmers would be given 50 percent profit over and above the cost of production of the crop. According to an official statement released today, Haryana Agriculture Minister O P Dhankar today said the state government has sent a communication to the Commission for Agricultural Costs and Prices saying Minimum Support Price for farmers tends to become the Maximum Support Price, which fails to serve the basic purpose of providing adequate profit to the farmers. Without...

Last Updated: Tuesday, 13th January, 2015 03:02 PM Visits 395

One-and-a-half million tonnes of soyabean oil imported by India yearly

India is the world's leading importer and consumer of edible oils in the world. Of the total 5.0-5.5 million tonne of vegetable oils imported by India annually, 1.3-1.5 million tonne is Soyabean Oil, imported mostly from Argentina, Brazil and the US, nearly 3 million tonne of Palm Oil is purchased from Malaysia and Indonesia. China and India, though being producers themselves, import soyabean / its derivatives to cater to their expanding consumer base. While China imports both bean and oil, India allows only imports of oil. Crude Palm Oil (CPO), Crude Palmolein, RBD (Refined, Bleached, Deodorised) Palm Oil, RBD Palmolein and...

Last Updated: Tuesday, 13th January, 2015 10:28 AM Visits 3066

Nabard inks pact with IIM-A to research rural agriculture

MUMBAI: Nabard today said it has signed a MoU with the Indian Institute of Management, Ahmedabad, to set up a Chair to encourage research in climate change, rural livelihood and financial inclusion, among others. The MoU was signed by Nabard Deputy Managing Director H R Dave and IIM-A Director Ashish Nanda at Ahmedabad, a release said. The objective of the chair is to encourage research in emerging areas such as climate change, rural livelihood, financial inclusion, value chain management, agriculture marketing and financial product development, the release said. "As revealed by the recently released findings of the 70th round of the National...

Last Updated: Monday, 12th January, 2015 10:27 AM Visits 384

India, Israel sign pact for third phase of agriculture cooperation project

GANDHINAGAR: India and Israel have signed a joint agreement to implement the third phase of the agriculture cooperation project for next three years. A joint declaration 'the Indo-Israel Agricultural Cooperation Project( IIAP) entering its third phase' was signed on the sidelines of the 'Vibrant Gujarat' summit by Israel's Agriculture Minister Yair Shamir, an official statement said. In a meeting with India's Minister of State for Agriculture MohanbhaiKalyanjibhaiKundariya, the Israeli Minister reviewed the 'Joint Agriculture Project' being implementing in the country since 2008. The two countries recognised the need to extend the existing cooperation, the statement added. India and Israel have agreed to establish...

Last Updated: Monday, 12th January, 2015 10:27 AM Visits 603

Strengthen CPCRI labs to test quality of imported arecanut

The Centre should strengthen the laboratories in government-run research stations to test the quality of imported stocks of arecanut, according to a representative of an arecanut cooperative. Speaking at the ‘Krishi Mela’ (agri fair), organised by Central Plantation Crops Research Institute (CPCRI) at Vittal in Dakshina Kannada district on Saturday, he said arecanut growers in the country are affected by the imported commodity. The quality of imported arecanut is not up to the mark. Stressing the need for an agency to test the quality of imported arecanut, he said the Government should take steps to strengthen the laboratories in the...

Last Updated: Saturday, 10th January, 2015 05:13 PM Visits 494

Cabotage rules restrict Gujarat cotton mills’ trade with foreign ships

NEW DELHI: Despite all the hype around the Make-in-India campaign, the irony can't be lost on the cotton mills in Narendra Modi's Gujarat. For, exporting cotton to China still works out cheaper than shipping goods to Tamil Nadu, the state with the highest demand for cotton. For the southern state too, importing raw material from South Africa is more cost effective than sourcing domestically from Gujarat, the largest cotton producing state. The Modi government may have pitched hard for the Make-in-India theme, and improved the climate for doing business here, but the fact remains that cotton mills lobby hasn't got much...

Last Updated: Saturday, 10th January, 2015 05:12 PM Visits 496

Will try to keep perishable agri-products outside GST: Harsimrat Badal

NEW DELHI: Food Processing Minister Harsimrat Badal has assured the industry that her ministry will try to keep perishable agri products outside the purview of the GST. Badal who today met the industry delegation led by PHD Chamber President Alok B Shriram further said the GST is likely to have minimal impact on the food processing sector. "The Ministry of Food Processing Industries has assured that the sector would have the minimum imposition of Goods and Service Tax as and when it is rolled out and it would be its attempt to keep perishable agri products outside the purview of the GST,"...

Last Updated: Friday, 9th January, 2015 05:12 PM Visits 357