Nitish Kumar
Nitish Kumar

Harness agriculture
to make farming
profitable: Nitish

NEW DELHI, May 26: Seeking quick steps to bring an evergreen revolution for sustainable development, agriculture minister, Nitish Kumar, said today ........more

Bullion prices
further down

NEW DELHI, May 26: Both the precious metals, silver and gold, further declined....more

Kenwood car audio-
products storm JK market

Excelsior Correspondent

JAMMU, May 26: Nippon Audiotronix Limited stormed the Jammu market with its entire range Kenwood car audio products.......more

India’s grain production
comes down to 196 mln
tonnes: Nitish

NEW DELHI, May 26: India’s foodgrain production is estimated to come down to 196 million tonnes in 2000-01......more

Rajasthan Govt refuses
to lower hiked power tariff

JODHPUR, May 26: Rajasthan Government today expressed its inability to reduce the power tariff, recently hiked by the independent electricity......more

 

Harness agriculture to make farming profitable: Nitish

NEW DELHI, May 26: Seeking quick steps to bring an evergreen revolution for sustainable development, agriculture minister, Nitish Kumar, said today that information technology (IT) should be harnessed to make farming profitable and create jobs.

"Harnessing it, e-commerce and quality management will not only yield returns in terms of export earnings, but provide stimulating and rewarding employment which will attract and retain youth in farm-related occupations," he said while inaugurating a seminar on "agriculture in 21st century".

He said the green revolution must be extended to eastern and north eastern regions which hold out a promise for steep increase in foodgrain production.

He said India should sieze the opportunities thrown by globalisation and use comparative advantage in areas like eco-food, organic products, herbal and medicinal plants.

He said the country was well equipped to protect the interests of farmers against dumping by developed nations as there are several instruments to check cheap imports.

At the same time, he stressed the need for increasing competitiveness and efficiency saying it is a key factor for emerging as an effective global player in agro trade.

Kumar said it is necessary to reduce controls and remove barriers on movement of farm produce across states, while marketing infrastructure must be strengthened through spread of it and providing latest market intelligence to producers.

In his key-note address at the seminar organised by Tata Energy Research Institute, planning commission member, Som Pal, said adequate attention should be given to new plant diseases, pollution and declining fertility.(PTI)

Bullion prices further down

NEW DELHI, May 26: Both the precious metals, silver and gold, further declined on the bullion market today on reduced offtake influenced by weak overseas advices.

Marketmen said a declining trend in other Asian markets where it touched around 279 US dollar an ounce from the month’s high of 298 US dollar.

They said trading activity was limited in view of off-marriage and festival season.

Standard gold and ornaments lost another Rs.20 each at Rs.4530 and Rs.4380 per ten gram respectively. Sovereign also dropped further by Rs.25 at Rs.3825 per piece of eight gram.

Silver ready was down by Rs.15 at Rs.7520 per kilo and weekly based delivery by Rs.10 at Rs.7515 per kilo. Silver coins held unchanged at Rs.11,000/11,200 per 100 pieces.

The following were today’s quotations: Silver ready 7520 and delivery 7515. Silver coins buyer 11,000 and seller 11,200 standard gold 4530, ornaments 4380 and sovereign 3825. (PTI)

Kenwood car audio- products storm JK market

Excelsior Correspondent

JAMMU, May 26: Nippon Audiotronix Limited stormed the Jammu market with its entire range Kenwood car audio products ranging from Rs 7000 to Rs 1.50 lakhs.

Talking to media persons, National Sales Manager Mr Sandeep Arora said that company has an annual turn over of over Rs 80 crores in the country in this range. The company is offering Kenwood car audio systems with one year Warranty alongwith one year theft insurance. It also provides a strong after sales service network for all Kenwood products.

He said the audio systems also include speakers, 2 Din system and VCD/CD player etc. The basic car stereo costs Rs 6990. The high end products consist of 2 Din with audio and CD Player, DSP, graphic equalliser and radio which costs about Rs 40,000 and VCD with complete system which costs about Rs 1.50 lakhs.

Mr Arora further said that company is pioneer in promoting & developing the concept of car stereos as a part of the original equipment in car assembly. It has achieved unprecedented success in this field. Strict quality standards are followed by Nippon Audiotronix alongwith technical expertise and constant upgradationin collaboration with Kenwood Corporation, Japan.

The company in the open market sector, has the dealers / distributors in almost all major cities of India. Presently the company serves around 75 % of the OE market for car audio systems. NAL aims for a higher level of growth and development in the future by expanding its products range, introducing innovative marketing techniques and upholding the quality standards associated with its names. He said that M/S Varinder Kumar and Raman Kumar of Hari Market Jammu are the distributors for J&K state.

India’s grain production comes down to
196 mln tonnes: Nitish

NEW DELHI, May 26: India’s foodgrain production is estimated to come down to 196 million tonnes in 2000-01, a fall of about 10 million tonnes as compared to last year, Agriculture Minister Nitish Kumar said today.

Speaking at a seminar on "agriculture in the 21st century" organised by (TERI) here, the minister said eastern and north eastern India hold out promise for steep increase in foodgrain production in the country. Green revolution must be extended to these regions, he said.

Describing the fall in production as a disturbing feature, he said he was pained at "the allegation of huge foodgrain surpluses that stare at the1 face of starvation situation".

Mr Nitish Kumar clarified that the country, in fact, did not have surplus foodgrains but such a situation arose because of lack of any uniform distribution policy at the national level.

TETI Director General R K Pachauri said the country was experiencing a paradox-suplus foodgrains amidst rampant malnutrition effecting over one-third of the total population. (UNI)

Rajasthan Govt refuses to lower hiked power tariff

JODHPUR, May 26: Rajasthan Government today expressed its inability to reduce the power tariff, recently hiked by the independent electricity regulatory authority.

State Government cannot review the tariff recommended by the authority, established under the power sector reform legislation, Energy Minister Chandra Bhan told reporters.

Reacting to the agitation launched by the BJP against the tariff hike, Bhan said the opposition, instead of resorting to agitation, should file a review petition before the regulatory authority or move the High Court for relief.

Bhan said the State Government was already giving subsidy to the tune of Rs.1,300 crores in power sector.

Expressing Government’s firm resolve to sternly deal with those stealing electricity or not paying bills, he said in many rural areas 80 to 90 per cent of the villagers were not paying bills.

During the current drive against power theft, he said, service had been disconnected in about 2,000 villages where people had not been paying bills for the last five or six years and their arrears had mounted to Rs.660 crores. The minister said maximum power theft had been detected in the districts of Dholpur, Nagaur and Baran where entire connections of 150 villages had been severed by the vigilance teams.

He said meters were being installed at every grid sub station for power auditing and to find the exact localities where electricity thefts occur. The exercise would yield good result soon.

Bhan disputed the BJP leaders’ claims that transmission and distribution losses in the state have increased substantially after Congress came to power.The losses were as high as between 40 to 45 per cent during the BJP regime also.

He said the National Power Corporation and the National Hydel Power Corporation, the two profit making central sector undretakings, should lower their electricity supply charges to help the states.

He said many other states, including Andhra Pradesh, owed huge amounts to the two PSUs, but despite Rajasthan’s good track record of payment of its dues in time the desert state was being branded as defaulter. (PTI)

 
 
 



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