Tiruchi – Artifex.News https://artifex.news Stay Connected. Stay Informed. Sat, 01 Jun 2024 14:02:15 +0000 en-US hourly 1 https://wordpress.org/?v=6.6 https://artifex.news/wp-content/uploads/2023/08/cropped-Artifex-Round-32x32.png Tiruchi – Artifex.News https://artifex.news 32 32 Farmers struggle to dry harvested cotton and fear drop in price https://artifex.news/article68239737-ece/ Sat, 01 Jun 2024 14:02:15 +0000 https://artifex.news/article68239737-ece/ Read More “Farmers struggle to dry harvested cotton and fear drop in price” »

]]>

A farmer in Valathamangalam village in Thirunallar commune drying cotton in his house using a fan in Karaikal district
| Photo Credit: Special arrangement

Uma Gandhan, a farmer from Valathamangalam village in Thirunallar commune, was trying to dry his cotton using a fan in a portion of his house, like several hundreds of farmers here where cotton was affected by the recent off-season rain. Cotton is cultivated on over 2,500 acres in the district.

“I had raised cotton on two acres and while harvesting I found many cotton flowers had high levels of moisture content. Now, I am trying to dry the cotton using a fan but there is a considerable loss this time for me,” said Mr. Uma.

“Private traders who usually purchase from us are unwilling to settle for an amount as they are dissatisfied with the quality of cotton due to the recent rain. I can pluck cotton from the field only after confirmation from a trader. Despite applying all the chemicals suggested by the Agriculture Department, damages due to rain could not be reversed,” said P. Pandiyan, another farmer from Thennankudi village.

“For one acre, a farmer spends about ₹60,000. We pluck cotton in four rounds, out of which the first time will have the best quality cotton which assures us that our investment will return. This time, the first round of plucking was disturbed as the rainwater went inside the crop before the flower burst. We expect our insurance money and a relief to farmers from the government at the earliest. Officials, however, cite the Model Code of Conduct as the reason for not giving us our due relief,” said P.G. Somu, Joint Secretary of Delta Vivasayigal Sangam.

“Traders are offering ₹50-60 a kg of cotton, which will leave us with a considerable loss,” he added.

D.N. Suresh from the Kadaimadai Vivasayigal Sangam claimed the district regulated market was not effective in procurement as they could not attract many traders there. “Like private, the government marketing committee should come to procure from the field. Our regulated market in the town is not effective to aid farmers at a time of crisis. Farmers already experience a huge loss, transporting cotton to the Karaikal town costs a lot,” he said.

Auction soon

A district-level official from the Agriculture Marketing department said the cotton auction would start soon along with other regulated markets in Tamil Nadu.

“We are discussing with the marketing committees in Tamil Nadu, along with them we would start auctions for cotton in our regulated market from the second week of June. We will take all steps to attract traders for good rates. We have been advising farmers to dry their cotton and delay harvest for better rates.”

District-level Agriculture Department official speaking to The Hindu said: “We have estimated 30% loss in the total harvest across the district and have reported to the higher officials in Puducherry government. We expect an announcement related to crop relief after the Lok Sabha election results.”

“The Government of India has fixed the MSP for this year at ₹66.20 a kg. If prices fall below than that we can expect the Cotton Corporation of India to step in and procure,” he added.



Source link

]]>
Jindal group’s announcement of setting up unit in Tiruchi district seen as a game changer https://artifex.news/article67818100-ece/ Tue, 06 Feb 2024 15:14:03 +0000 https://artifex.news/article67818100-ece/ Read More “Jindal group’s announcement of setting up unit in Tiruchi district seen as a game changer” »

]]>

The announcement of Jindal Advanced Materials (JAM), an arm of the Jindal Group of Companies, to set up a manufacturing plant in Tiruchi, is seen as a positive development to change the industrial profile of Tiruchi.

JAM signed a Memorandum of Understanding (MoU) with the State government at the recent Global Investors’ Meet to set up a new manufacturing plant, its first such facility in South India, with an investment of about ₹1,000 crore.

A statement, which was released after the MoU, said the facility would be spread over an area of 250 acres of land and generate 3,000 jobs. It will produce “innovative composite materials” at the plant. It is expected to be operational in seven years in phases. Tiruchi’s proximity to Karaikal port and it being well connected by road and air, availability of qualified engineers and skilled and unskilled labour force are said to have influenced JAM to set up its manufacturing plant in Tiruchi.

The company is yet to finalise the site. Its officials are reported be in touch with the Tamil Nadu Industrial Development Corporation (TIIC) seeking guidance in identifying land.

Though Tiruchi has Bharat Heavy Electricals Ltd. plant and the Heavy Alloy Penetrator Projection Plant and several micro, small and medium enterprises (MSMEs), it does not have many major industry. Despite being well placed in terms of infrastructure, no major private player had come forward to set up plants in the district.

It was with the view of encouraging entrepreneurs to scale up their contribution to domestic defence production that the then Defence Minister Nirmala Sitharaman launched the Tamil Nadu Industrial Defence Corridor Project in Tiruchi in 2019. Taking into account the contribution of MSMEs in supplying components for defence weaponry, the Centre had included Tiruchi along with Chennai, Salem, Coimbatore, and Hosur in the defence corridor. Even four years after the announcement, no company had shown any inclination to start industrial units in Tiruchi.

If the JAM sets up its plant, it will be the first major private sector manufacturing plant in Tiruchi. Industrialists and entrepreneurs are of the view that it may change the industrial profile of the district.

“It will certainly boost the industrial climate of Tiruchi. It will be a game changer. If one major player establishes its footprint, others will take a cue in bringing more investments,” says N.P. Sugumar, Managing Director, Acoustic India Pvt. Ltd.

N. Kanagasabapathy, former president of Tiruchi District Tiny and Small Scale Industries Association, said it might augur well for improving the industrial climate in the region. If a big-ticket company establishes its plant, it opens up avenues for sub contracts. It would support the MSMEs of the region.



Source link

]]>