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Issue dated - 22nd August 2002

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Oped
Maharashtra’s monopoly cotton procurement scheme at crossroads
The Maharashtra government’s monopoly cotton procurement scheme which has been in operation for about three decades now has not only benefitted tremendously cotton cultivators in the state, but also the cotton economy of the country as a whole, though critics have continued to attack the scheme mostly from their narrow considerations.

Industry again moots R&D centre, fund, core group on exports
After nearly a decade, the first meeting of the reconstituted Development Council for Textile Machinery Industry (DCTMI) was recently held under the chairmanship of Mr B N Jha, secretary, ministry of heavy industries and public enterprises, in Mumbai.

EPCH to tie up with US firms for Rs 400 cr mart
The Export Promotion Council for Handicrafts (EPCH) is in talks with leading American companies who have expertise in trade marts for managerial tie-ups in its Rs 400 crore state-of-the-art exposition mart being set up in Greater Noida.

 


This Week
EDIT
A turnaround to reckon with
Riding on the buoyant denim market as also backed by its restructuring programme, textile major Arvind Mills has posted a net profit of Rs 25.58 crore in the first quarter of the current fiscal as against a net loss of Rs 67.88 crore during the corresponding period last fiscal.


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