The United Planters’ Association
of Southern India is commissioning a study to look into the
prospects of tea marketing through a consortium of tea producers.
Sluggish demand has forced
methanol manufacturers to cut down their prices in the domestic
market by around 30 per cent in September. The domestic situation
is a bit better when compared with the international market
where the prices have slumped by around 57 per cent.
India's tea export is likely
to fall below 175 million kg in the current year, according
to the recent estimate of the Federation of All India Tea Traders’
Associations.
Union agriculture minister
Ajit Singh on Sunday said the controversial Bt cotton would
be introduced only after ascertaining that the Genetically Modified
crop had no adverse impact on environment and human health for
which final round of trials are on.
