To check Oneindia News on your Mobile
go to:   http://m.oneindia.in/news/
  •  

Need for steps to solve agri crisis stressed

Kottayam, Mar 14 (UNI) Kerala State Cooperative Marketing Societies Association Chairman G Sugunan today emphasised the need for taking immediate steps to resolve the crisis in marketing of agriculture produce.

At a news conference here, he alleged there was no provision in the budget for strengthening the market. Budgetary provision should be given for introducing a permanent system to procure agricultural produce at a remunerative price.

The support price of Copra (Rs 3,590 per quintal) was quite inadequate when compared to the production cost. It should be at least Rs 4,000 per quintal, he said and appealed to the government to take immediate steps to procure copra.

Steps should also be taken to contain the smuggling of rubber to Tamil Nadu and Karnataka. Even though the smuggling was beneficial to growers it was detrimental to the interest of cooperative societies and the state.

Cooperative societies were not getting rubber as a result of the smuggling, he said.

The Chairman also appealed to the government to take steps to cover the loss of cooperative consumer stores.

UNI

UBI revises interest rates on FCNR and NRE deposits

Kolkata, Mar 04 (UNI) United Bank of India (UBI) has announced a downward revision of interest rates on NRE and FCNR Deposits (new and renewed deposits) with effect from March one. For NRE Term deposit investment for one year to less than two years will attract 5.74 per cent from 5.93 per cent, two years to less than three years will attract from 5.55 from 5.85 per cent and three years to five years will attract 5.48 from 5.80 per cent......

L

Mumbai, Mar 15 (UNI) Engineering and infrastructure major Larsen&Toubro (L&T) and its international consortium partners of Paul Wurth Italia and India have bagged a Rs 1,400 crore contract for the expansion of Vizag steel plant of Rashtriya Ispat Nigam Limited (RINL). This is the largest sigle-value EPC (engineer-procure-construct) order bagged against stiff international competition from Chinese, Korean and Russian firms, L&T said in a statement today. L&T will construct a blast furnace with a capacity of 2.5 million tonnes of hot.....

Tata Motors' Singur plant is as per schedule: Ravi Kant

Kolkata, Mar 15 (UNI) Ruling out all apprehension Tata Motors Managing Director Ravi Kant today reassured the Government of West Bengal that their proposed small car projects will be completed at Singur 'as per schedule by next year'. Speaking to newsmen on the sidelines of an automobile seminar organised by the Federation of Automobile Dealers' Associations here today, Mr Ravi Kant made it clear that the commercial productiobn of the 2,50,000 units small car projects would start its commercial production.....
User Comments
[ Post Comments ]
Be the first to comment on this article.
Oneindia  Oneindia Login