LATEST NEWS

Fruit exports from Kashmir touch Rs.4,200 crore

Jammu, March 15 (IANS) Fruit exports from Jammu and Kashmir registered a turnover of Rs.4,200 crore in the financial year 2012-13, state Agriculture Minister Ghulam Hassan Mir said here Friday.

"The turnover on account of exports of fruit has reached a level of Rs.4,200 crore in the state as on date," Mir told the state assembly while responding to a question during a discussion on grants for the agriculture department.

The minister also said that 90 percent of the country's apple demand was fulfilled by the state.

"The Kashmir Valley is proud to meet 90 percent of apple requirement of the country. It is our duty to launch new post-harvest projects in partnership with private and public sectors to fulfil the market demand and help the growers," Mir said.

The minister said the state government has adopted many strategies to promote agriculture and allied sectors on scientific lines. "Agriculture being the backbone of the state's economy, resources are being pooled in to give fillip to production and productivity," he said.

There has been a shift in focus from cultivation of food grain to diversification of the state's agriculture produce, according to the minister.

"High income generating crops like fruits, flowers, vegetables, medicinal plants and allied sectors like sericulture have been incentivised. This will increase agriculture income and help generate gainful employment in the farm sector," Mir said.

Noting that saffron is a heritage cash crop of the state, the minister said: "An ambitious mission with an investment of Rs.372.18 crore has been launched to rejuvenate saffron production in the state. Production of saffron is expected to double by the end of four years," he said.

Jammu and Kashmir produces about nine tonnes of saffron annually.

--

Get stories like this on the Yahoo app and discover more every day.
Download it now.

DON'T MISS

  • Aluminium firms looking for safeguards from cheap Chinese imports

    With the northern neighbour sitting on huge excess capacity in steel and aluminium, it is looking at ready markets, and India happens to be one such market. …

  • Rajan wants govt to bite the bullet on fiscal deficit

    RBI Governor Raghuram Rajan, a celebrated economist, believes any deviation from fiscal deficit target would damage the government's credibility overseas and also impact the macro-economic stability. …

  • Houses Off the Shelf

    Prefabricated homes, quicker to build than conventional ones, are gaining in popularity. …

  • Trials and Errors

    The author's account of his experiences as a practising lawyer in the Indian legal system is both revelatory and entertaining. …

  • Reality Bites

    The rural economy is reeling under erratic monsoons and unfriendly government policies. As a result, India Inc, too, is feeling the heat as rural consumption shrinks to a multi-year low. …

  • The Shoe Is Pinching

    How long will it take for the government to phase out corporate tax exemptions? …

  • Taxman at the Door

    An ignorant yet aggressive tax system has e-commerce companies looking for succour. …

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    68.25-0.60-0.87%
    SPICEJET.BO
    13.60+0.70+5.43%
    SUZLON.BO
    57.55-3.65-5.96%
    HDIL.BO
    63.30+0.95+1.52%
    VEDL.BO
    154.95+0.75+0.49%
    SBIN.BO
  • Price % Gainers
    Price % Gainers
    NamePriceChange% Chg
    433.60+72.20+19.98%
    GLOSTER.BO
    121.00+20.10+19.92%
    SHRIDINE.BO
    63.00+10.45+19.89%
    AMBITION.BO
    50.50+8.05+18.96%
    PFOCUS.BO
    244.90+38.30+18.54%
    BINNYMILLS.BO
  • Price % Losers
    Price % Losers
    NamePriceChange% Chg
    29.60-7.40-20.00%
    NAHARPOLY.BO
    124.40-31.05-19.97%
    BLISSGVS.BO
    53.40-13.30-19.94%
    EDL.BO
    48.20-12.00-19.93%
    SIGNETIND.BO
    31.50-7.65-19.54%
    MHLXMIRU.BO
  •  
    Recent Quotes
    Symbol Price Change % ChgChart 
    Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
    You need to enable your browser cookies to view your most recent quotes.
  • Recent Quotes News

    •  
      Sign-in to view quotes in your portfolios.

    Yahoo Cricket