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New Order Hits Tea Trade
A controversial
licensing and registration system, floated by the Union Government,
has thrown the country’s tea industry into turmoil, threatening to
take the popular brands of good quality tea out of the reach of the
common consumer. The tea trade all over India has come to a virtual
standstill and tea auctions have been postponed due to the Tea
Marketing Control Order, 2003, imposed last month by the Government
of India. The order, to be implemented by the Tea Board, for the
first time bars tea traders from lifting the commodity directly,
either through auction or from private sources (such as tea
gardens).
Tea traders across the country, especially in
Maharashtra and Gujarat, which account for the maximum number of
traders in this commodity, have reacted with anger against the
order. The traders feel it will do the tea industry more harm than
good by removing it from the Essential Commodities Act. Said
Harendra Shah, president of the Federation of Tea Traders’
Association of Maharashtra: "It is not possible for the small trader
to bear the cost of registration, application, renewal and
maintenance of a lengthy record, as well as to furnish monthly data
under Forms E and F specified in the order."
What, according to Arvind Barcha, president of
the Gujarat Tea Traders’ Association, is particularly rankling the
industry is clause 22 which has removed the freedom of the trader to
purchase tea from tea gardens, auction centres and wholesalers,
making it mandatory for him to buy the commodity only through the
Tea Board in consultation with the Central Government. Another
controversial provision of the order that has angered the tea
traders is section 30, which requires that the traders pay for the
green leaves as determined or decided by the Registered Authority
(Tea Board), thus raising the expense involved in the purchase and
hampering export of Indian tea by increasing the cost to
non-competitive levels as compared to other tea-producing countries
like China, Srilanka and Kenya.
As per information available, there are 400 tea
traders in Maharashtra, in addition to 25,000 grocers and provision
stores that also deal in tea. Maharashtra and Gujarat have the
highest consumption of tea among all States, with 55 per cent of the
tea consumed being of high quality or branded tea and the remaining
being loose tea.
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New Norms for Water
Amidst raging controversy over quality, the
bottled water companies have been warned they will be debarred from
selling their products if they do not upgrade their standards in
line with the revised norms.
The Prevention of Food Adulteration (PFA) rules
are being amended for this purpose and all 782 companies
manufacturing bottled water will have to upgrade their standards
without any time lag.
"The legal position is very clear on the issue;
the moment the PFA rules are amended, the revised drinking water
standards will come into effect," official sources said asking the
companies to set up necessary infrastructure to ensure they are not
caught napping.
They said PFA rules amendment and notification of
revised packaged drinking and mineral water norms would
automatically nullify existing licences given to the 782 companies.
As a result, those bottles which were marketed under old licences
and quality norms and not meeting the new standards would have to be
destroyed.
New licences will only be given to those
companies which are able to produce a sample before the Bureau of
Indian Standards (BIS) meeting the new norms.
The revised standards have listed 32 pesticides
whose collective and individual concentrations in water must not
exceed 0.5 and 0.1 micro milligram per litre.
They said even the phased upgradation of the BIS
testing facilities would not be a hindrance in implementing the
revised norms because the analysis for these pesticides would be
conducted by an accredited laboratory using internationally
established test methods meeting the new pesticide residue limits.
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NTPC Success Story: Turnaround of
Unchahar Power PlantThe
resurgence of the Unchahar project after its take-over by the National
Thermal Power Corporation (NTPC) is a glorious saga of success. It is
hard to believe that a plant with a Plant Load Factor (PLF) as low as
18 per cent at the time of the take-over would be reincarnated within
10 years with a PLF zooming to around 89 per cent.
NTPC had taken over Stage I of the plant (420 mw)
as a result of a commercial settlement with the U. P. Rajya Vidyut
Uthpadan Udyog against its outstanding dues in 1992 and immediately
charted for itself the task of turning it around. A detailed
assessment of the productivity and work culture of the plant was
carried out and upgraded to the norms in vogue at NTPC.
What emerged from the above operation is a
trend-setter. The plant started its new lease of life with an
ever-increasing PLF year after year, which eventually rocketed to 89
per cent in 2001-02.
Enthused by the results of the turnaround of Stage
1, NTPC embarked upon Stage II (2 x 210 mw) which was completed within
44 months in October 1999—a record in itself—increasing its capacity
to 840 mw.
Today, Unchahar Power Plant is among the top 10
best performing plants of India.
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SURYA HERBAL LAUNCHES X-DIABA—NATURAL CURE FOR DIABETES
Surya Herbal Limited, the first Ayurvedic ISO 9001 certified company,
launches X-Diaba, a herbo-mineral approach, that can slow, stop and
cure diabetes. X-Diaba is unique and a rational combination of some of
the most effective anti-diabetic herbs and minerals mentioned in the
age old Ayurveda. Surya Herbal Limited sets the standards of
quality, safety and efficacy for Ayurvedic medicines and herbal health
care products.
Surya Herbal has an ultra modern manufacturing unit
in Noida near the national capital, Delhi. Their plants are equipped
with sophisticated and automatic state-of-the-art equipment. The
automation of the entire process meets the requirement of good
manufacturing practice (GMP) as per the guidelines of WHO (World
Health Organisation). Diabetes is a chronic metabolic disorder which
is characterised by an increase in sugar levels in the body. Nature
has provided us with some effective anti-diabetic herbs and minerals,
which can be given orally and for prolonged periods without any side
effects. Surya Herbal’s X-Diaba is an effective herbal formulation for
the management of diabetes. It helps in lowering blood sugar by
stimulating insulin secretion. The X-Diaba capsules contain Basant
Kusumakar Ras (with gold and pearls), which is highly effective
against diabetes by providing strength to the brain, heart and the
kidneys. It also contains Vijay Saar which has been
scientifically proved to regenerate the activity of the pancreas.
Other Ayurvedic herbs are Gurmar, Kerala and Neem
extracts, among others. Regular doses of X-Diaba along with strict
dietary control, a daily regimen of walking and light exercise would
help in regulating glucose levels, check fatigue and activate the
pancreas to secrete insulin without the risk of hypoglycaemia. Surya
Herbal’s X-Diaba is available at Rs. 200 for a pack of 20 capsules.
Surya Herbal has launched X-Diaba on a countrywide
basis and it is retailed in all leading metros and smaller towns
across the country. The company is renowned for its highly effective
herbal formulations which have penetrated foreign markets as well. The
Surya Herbal brand and its vast product portfolio of Ayurvedic
medicines are being exported to the U. S. A., Europe, Russia,
Kazakhistan, Kirgiztan, Ukraine and many other countries.
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Marico Brings Olive Oil to India
The ‘liquid gold’ that has been the staple of the ancient Roman and
Greek cultures since as much as 5,000 years ago is now set to hit
Indian shores.
Marico Saffola Olive Oil, directly imported from
the finest Spanish orchards of Rafael Salgado, will soon titillate the
palettes of discerning and increasingly health conscious Indians. Not
only is olive oil acknowledged as one of the most health-friendly oils
all over the world by nutritionists and the medical profession, it is
the edible oil of choice in all Mediterranean countries and the West.
Besides being ‘healthy’, olive oil is known for the
subtle taste and texture it imparts to salads and most gourmet
cuisine. In New Delhi, recently, renowned gourmet chef Ms Karen Anand,
on behalf of Saffola Olive Oil, presented a unique event for the
connoisseurs and gourmets of Delhi. A group of celebrities of the
capital took part in a ‘theatre-of-food’ where they displayed their
considerable cooking skills.
Ms Anand demonstrated a number of international
recipes using olive oil which can be made with ingredients available
in India—among them Mushroom and Roasted Garlic Crostini, Corn Basil,
Fusili Soup, Warm Thai Chicken Salad and Penne Al’Arabia.
Conceptualised and presented by event manager, Frontier Integrated the
occasion kicks of with a recipe contest with a fabulous range of
consumer durables as prizes. Olive oil is the only cooking medium
which is derived from a fruit and till today is extracted by basically
the same process that was used 50 centuries ago—pressing the ground
olives and separating the oil from the oil-vegetation water mix.
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PNB’S RECOVERY CAMPAIGN
P. L. Madan, General Manager, Punjab National Bank (PNB),
Delhi, informed that the Bank has launched a campaign against big
defaulters who owe large sums of money. A team of 20 bank employees
led by R. K. Sharma, Deputy General Manager, visited the
residence/office of Sylvania Laxman Ltd., Nova Udyog Ltd., Nova Iron &
Steels Ltd., Pushpa Builders and Bestavision Electronics Ltd. and
personally presented demands for payment of the bank’s dues. The
defaulters were requested to pay the dues at the earliest/to give
compromise offer to avoid action under the Securitisation and
Reconstruction of Financial Assets and Enforcement of Interest Act
2002. It was also impressed upon them that bank money is public money
and should be paid promptly. He added that PNB had issued 63 notices
amounting to Rs. 22.26 crore in Delhi under the Securitisation Act.
The notices have had tremendous impact. As many as 52 borrowers have
approached for resolution of their accounts and 12 of these accounts
have already been adjusted/are out of NPA. More borrowers have been
coming forward to pay. The cash recovery effected so far is around Rs.
3 crore. The Bank has also taken into possession five properties. In
the second phase, 66 notices in NPA accounts amounting to Rs. 22.19
crore have been sent. Thus total notices issued so far are 129.
In January 2003, the Bank was able
to auction three properties through the Debt Recovery Tribunal
recovering around Rs. 40 lakh. The Recovery Officers, DRT, Delhi have
also issued arrest warrants against Certificate Debtors in the
accounts of M/s Jawkak Enterprises, Rakesh Kumar & Co., ABC Agencies,
Delhi Pan Masala, etc. Borrowers have become aware that the only
recourse left is to pay back their dues or face harsh action. |
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