Rubber Products Manufacturers The company also hopes to launch 10 new crop science products in next three years to help increasing average yields for farmers Mumbai: As part of its expansion plans, Bayer India is investing 30 million euros to set up an agro ingredient plant at Vapi in Gujarat. "As part of our expansion programme, we are investing Euro 30 million to set up agro ingredient unit at Vapi in Gujarat by June 2017.

"These agro ingredients will be manufactured for both domestic and global markets," Senior Bayer Representative, South Asia Richard van der Merwe told reporters after inaugurating Bayer's global science exhibition here. Bayer's existing Vapi unit is engaged in the manufacture of active ingredients and intermediates for use in a wide array of agriculture and environment protection products. It is also the single largest synthetic pyrethroids production facility in the world. With this new laboratory, in which Bayer has invested around Euro 2 million, the company aims to increase resource flexibility in its global formulation activities.

The new formulation lab unit will focus on developing seed treatments, herbicides, fungicides, and insecticides. The Euro 489 million Bayer group in India has already invested Euro 200 million in the country, which includes capital investment and setting up three manufacturing units at Hyderabad, Vapi and Himatnagar in Gujarat, Merwe said. The company also hopes to launch 10 new crop science products in next three years to help increasing average yields for farmers, he added. Merwe also sought government's intervention to curb spurious farm products, which causes crop failures.

Participating banks suggested that government should simplify GST framework and lower GST rates to enhance tax compliance. A total of 23 banks, including public sector, private sector, foreign and small finance banks, representing over 67 per cent of the banking industry, participated in the survey.More than half of the bankers have reported reduction in bad loans, and sought capital infusion in public sector lenders as well as steps to address stress in the NBFC segment, a survey by industry body Ficci said on Tuesday.The participating banks in the survey, conducted during January to June 2019, also suggested that government should simplify GST framework and lower GST rates to enhance tax compliance.While releasing the ninth round of the Ficci-IBA survey, the chamber said some of the key sectors that are expected to see higher credit in the next six months as identified by participating bankers are infrastructure, metals, real estate, automobile and auto components, pharmaceuticals and food processing.

A total of 23 banks, including public sector, private sector, foreign and small finance banks, representing over 67 per cent of the banking industry, participated in the survey."For the financial sector, participating bankers were of the opinion that there should be capital infusion in public sector banks (PSBs) and measures should be taken to address the stress in the NBFC sector," the survey said.These responses, Ficci said, were received just before the release of the Union Budget 2019-20 and in-fact, the Budget did lay a special emphasis on the banking and financial sector, Rubber Products including capital infusion of Rs 70,000 crore into public sector banks.There was also a proposal to provide one time six months' partial credit guarantee to PSBs for first loss of up to 10 per cent for purchase of high-rated pooled assets of financially sound NBFCs."These measures should help in addressing the liquidity constraint and ensure greater lending to support growth," Ficci added.As per the survey, the proportion of respondent banks citing a reduction in NPAs stood at 52 per cent as against 43 per cent in the previous round.Among the PSBs, about 55 per cent of them cited a reduction in non-performing asset (NPA) levels."Amongst the respondents stating infrastructure as high NPA sector, about 63 per cent have reported a decline in NPA in this sector during the last six months," the survey said.

Likewise, 57 per cent of respondents, citing engineering goods as high NPA segment, have mentioned a reduction in NPA levels.About 92 per cent of those considering metals/iron and steel as high NPA space have indicated a decline in NPAs over the last six months.Last month, Finance Minister Nirmala Sitharaman had informed Parliament that total bad loans of commercial banks declined by Rs 1.02 lakh crore to Rs 9.34 lakh crore in the 2018-19 fiscal on the back of steps taken by the government.Ficci survey also found that 48 per cent of respondent banks reported tightening of credit standards for large enterprises as against 64 per cent in the last round, indicating improvement in funding.Further, credit standards have remained the same for 48 per cent of the respondents as against 36 per cent in the last round.According to the survey, infrastructure, textiles, chemicals cement, food processing, real estate, automobile and auto components, metals, rubber/ plastics products and pharmaceuticals are witnessing a rise in long term credit.On top priorities for the government, majority of respondent banks believed that addressing agricultural distress should be one of the top priorities.They empahsised on undertaking reforms in the agriculture sector that aim at enhancing long-term productivity gains, Ficci said.Labour law reforms, public investment in infrastructure and affordable housing, and lowering of GST rates to enhance tax compliance should be other priorities of the government, according to the banks.The survey further said majority of the banks were of the view that establishment of development finance institution (DFI) will help in boosting the flow of credit to infrastructure sector and addressing the asset-liability problem faced by banks."Bankers were also of the view that source of funds will be an important factor in success of such DFIs," it said.Participating banks also suggested raising long-term finance from infra-bonds, equity, and budgetary allocation from government.

 Schools asked to penalise tobacco product sellers The Centre had enacted the COTPA in 2003 to prohibit smoking in public places. The heads of the institutions have also been directed to put up “no smoking area” signages near the entrance and within 100 yards of its periphery.The West Bengal government has instructed all the educational institutions in the state to impose penalty up to Rs 200 on any individual selling tobacco products within or 100 yards away from its premises.In a directive issued last week, the state’s education department empowered headmasters of schools and principals of colleges to impose a fine of up to Rs 200 on people indulging in such acts.“

We have sent a circular to all schools and colleges in the state and requested the heads of the institutions to impose fine on anyone violating the Supreme Court order in 2008,” state education minister Partha Chatterjee said on Monday.The educational institutions have also been directed to submit an undertaking to the inspectors to declare it tobacco-free, the minister said.“We want the heads of the educational institutions to ensure that nobody is smoking or chewing tobacco or tobacco products Automobile Tubing Suppliers inside the premises. Not only this, they must ensure that there is no evidence of cigarette or bidi butts, tobacco sachets or spitting marks there,” Chatterjee said.The heads of the institutions have also been directed to put up “no smoking area” signages near the entrance and within 100 yards of its periphery.In its communication, the department has also banned smoking or lighting smokeless cigarettes inside hostels and canteens run by the institutions, a senior officer said adding, the direction also holds true for private institutions.A recent study had revealed that several shops were selling tobacco products within yards of reputed schools and colleges in Kolkata in violation of the Cigarettes & Other Tobacco Products Act (COTPA).

The study, conducted by an NGO “Sambandh Health Foundation” last month, surveyed 25 educational institutions (21 schools and four colleges) in the city and found 17 (68 per cent) were having such shops in nearby areas.The Centre had enacted the COTPA in 2003 to prohibit smoking in public places (Section 4) and sale of cigarette or any other tobacco products to anyone below 18 years of age and in an area within a radius of 100 yards of any educational institution (Section 6).

The co-operative has also recently tied up with the government and lenders, under the Pradhan Mantri Mudra Yojana. GCMMF, however, registered only 8 per cent increase in turnover to Rs 29,220 crore in financial year 2017-2018, owing to a decline in commodity prices."Branded consumer products have registered a growth of 14 per cent in the last financial year, with products such as cheese, butter, milk beverages, paneer, cream, buttermilk and dahi having grown at 20-40 per cent," Sodhi said. Dairy co-operative Amul is aiming to grow at 20 per cent this financial year, to touch a group turnover of close to Rs 50,000 crore.."

The scheme will help rural entrepreneurs immensely, to upgrade their facilities and will also help distributors and transporters.The co-operative has also recently tied up with the government and lenders, under the Pradhan Mantri Mudra Yojana, to procure easy loans for its farmer partners. The growing demand will help us see a good growth this year," he added.Dairy co-operative Amul is aiming to grow at 20 per cent this financial year, to touch a group turnover of close to Rs 50,000 crore, on the back of growing consumer portfolio, premiumisation and rising demand, a top company official said.

The consumer product portfolio has been growing at nearly 15 per cent on a volume basis, Sodhi pointed out, which has helped the performance of the Amul&China Rubber Products Manufacturers39;s branded products, despite lower commodity prices."We are launching several consumer products, and are also premiumising our offerings."The # Amul brand, which clocked a turnover of over Rs 40,000 crore last financial year, will grow at 20 per cent this year," RS Sodhi, the managing director of Gujarat Co-operative Milk Marketing Federation (GCMMF), which markets milk and milk products under the Amul brand, told PTI here. It will enhance the overall employment opportunities in rural India," Sodhi said.The Amul brand includes the 18 member dairies of the Gujarat Co-operative Milk Marketing Federation (GCMMF).The 18 member unions of GCMMF has a farmer strength of more than 36 lakh across 18,700 villages of Gujarat, and is procuring on an average 211 lakhs litres of milk per day which is 20 per cent higher than the previous year

The co-operative has also recently tied up with the government and lenders, under the Pradhan Mantri Mudra Yojana. GCMMF, however, registered only 8 per cent increase in turnover to Rs 29,220 crore in financial year 2017-2018, owing to a decline in commodity prices."Branded consumer products have registered a growth of 14 per cent in the last financial year, with products such as cheese, butter, milk beverages, paneer, cream, buttermilk and dahi having grown at 20-40 per cent," Sodhi said. Dairy co-operative Amul is aiming to grow at 20 per cent this financial year, to touch a group turnover of close to Rs 50,000 crore.."

The scheme will help rural entrepreneurs immensely, to upgrade their facilities and will also help distributors and transporters.The co-operative has also recently tied up with the government and lenders, under the Pradhan Mantri Mudra Yojana, to procure easy loans for its farmer partners. The growing demand will help us see a good growth this year," he added.Dairy co-operative Amul is aiming to grow at 20 per cent this financial year, to touch a group turnover of close to Rs 50,000 crore, on the back of growing consumer portfolio, premiumisation and rising demand, a top company official said.

The consumer product portfolio has been growing at nearly 15 per cent on a volume basis, Sodhi pointed out, which has helped the performance of the Amul&China Rubber Products Manufacturers39;s branded products, despite lower commodity prices."We are launching several consumer products, and are also premiumising our offerings."The # Amul brand, which clocked a turnover of over Rs 40,000 crore last financial year, will grow at 20 per cent this year," RS Sodhi, the managing director of Gujarat Co-operative Milk Marketing Federation (GCMMF), which markets milk and milk products under the Amul brand, told PTI here. It will enhance the overall employment opportunities in rural India," Sodhi said.The Amul brand includes the 18 member dairies of the Gujarat Co-operative Milk Marketing Federation (GCMMF).The 18 member unions of GCMMF has a farmer strength of more than 36 lakh across 18,700 villages of Gujarat, and is procuring on an average 211 lakhs litres of milk per day which is 20 per cent higher than the previous year

The co-operative has also recently tied up with the government and lenders, under the Pradhan Mantri Mudra Yojana. GCMMF, however, registered only 8 per cent increase in turnover to Rs 29,220 crore in financial year 2017-2018, owing to a decline in commodity prices."Branded consumer products have registered a growth of 14 per cent in the last financial year, with products such as cheese, butter, milk beverages, paneer, cream, buttermilk and dahi having grown at 20-40 per cent," Sodhi said. Dairy co-operative Amul is aiming to grow at 20 per cent this financial year, to touch a group turnover of close to Rs 50,000 crore.."

The scheme will help rural entrepreneurs immensely, to upgrade their facilities and will also help distributors and transporters.The co-operative has also recently tied up with the government and lenders, under the Pradhan Mantri Mudra Yojana, to procure easy loans for its farmer partners. The growing demand will help us see a good growth this year," he added.Dairy co-operative Amul is aiming to grow at 20 per cent this financial year, to touch a group turnover of close to Rs 50,000 crore, on the back of growing consumer portfolio, premiumisation and rising demand, a top company official said.

The consumer product portfolio has been growing at nearly 15 per cent on a volume basis, Sodhi pointed out, which has helped the performance of the Amul&China Rubber Products Manufacturers39;s branded products, despite lower commodity prices."We are launching several consumer products, and are also premiumising our offerings."The # Amul brand, which clocked a turnover of over Rs 40,000 crore last financial year, will grow at 20 per cent this year," RS Sodhi, the managing director of Gujarat Co-operative Milk Marketing Federation (GCMMF), which markets milk and milk products under the Amul brand, told PTI here. It will enhance the overall employment opportunities in rural India," Sodhi said.The Amul brand includes the 18 member dairies of the Gujarat Co-operative Milk Marketing Federation (GCMMF).The 18 member unions of GCMMF has a farmer strength of more than 36 lakh across 18,700 villages of Gujarat, and is procuring on an average 211 lakhs litres of milk per day which is 20 per cent higher than the previous year