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Publish Date : 1/20/2005 9:37:00 AM Source : Onlypunjab.com Team The power cuts in Punjab have triggered a crisis in the cotton markets as the sale of raw cotton has come down drastically as the functioning of units was affected. Though the Cotton Corporation of India (CCI) authorities have been continuously writing to the Punjab Government and the PSEB authorities to exempt the ginning and pressing mills from the power cuts for the past two months, the authorities are yet to take necessary steps in that connection. “Due to power cuts, the functioning of ginning and pressing mills have been affected as these are running at 50 per cent of their installed capacity. Due the reduction in their capacity, the ginning and pressing mills are facing problems on account of storing the raw cotton and hence their owners have slowed down their purchases from the markets,” pointed out a mill owner. About 145 mills could process only about 8.5 lakh cotton bales so far despite the fact that more than 12 lakh bales had arrived in the markets, he said. A survey carried out in different cotton markets by TNS revealed that due to low demand from private traders and ginning and oppressing mills owners, growers had been left with no other option than to dispose of their cotton at minimum support price to the CCI or even below that price of that. Though the demand of raw cotton in the markets have touched its bottom, its arrival has been witnessing a significant jump for the past one week. About a week ago the daily arrival of raw cotton was about 16,000 bales in Punjab, Haryana and Rajasthan and now it has reached upto 25,000 bales daily. The Chairman of the CCI had taken up the matter of power cuts with the Chairman, PSEB. Information revealed that though every time, the CCI authorities were assured that power position would be improved, at least in the cotton belt of Punjab where cotton mills were located, nothing positive had taken place so far in that direction. |
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732 students get degrees Publish Date : 2/11/2005 10:01:00 AM As many as 404 postgraduate and 328 graduate students of DAV College were awarded degrees at a convocation held here today. DC cautions principals against poor results Publish Date : 2/11/2005 10:01:00 AM Exhorting them to fix targets for good, Deputy Commissioner Ashok Gupta, yesterday said headmasters of government schools who failed to show up good results during ..... Brothers suspect in-laws for man’s murder Publish Date : 2/11/2005 9:59:00 AM The decomposed body of a man, recovered from an isolated building in the fields on the Badala road yesterday, was today sent to Medical College, Patiala, for postmortem. Rs 9 lakh stolen from commission agent’s shop Publish Date : 2/11/2005 9:59:00 AM In a daring act, miscreants took away a safe vault weighing 2.5 quintals with more than Rs 9 lakh after breaking open the entrance door of a commission agent’s shop .... Finance firm’s partners booked for fraud Publish Date : 2/11/2005 9:59:00 AM The police has registered a fraud case against the partners of a finance company for duping investors of crores of rupees. Court asks PSEB to pay damages to 4 farmers Publish Date : 2/11/2005 9:58:00 AM A case which was filed against the Punjab State Electricity Board (PSEB) on May 25, 2004, in the court of the Civil Judge (Senior Division) by four local farmers, for the recovery .... Dowry death case: bail plea of ex-Chief Engineer rejected Publish Date : 2/11/2005 9:58:00 AM The Additional Sessions Judge, Mr G.S. Saran, yesterday rejected the bail of a former Chief Engineer of the Punjab State Electricity Board (PSEB), Mr Harjinder Singh Khurana.... A replacement for diesel Publish Date : 2/11/2005 9:58:00 AM Bio-diesel (plant oils converted to their esters) can be a very good alternative of diesel as a fuel. It is a renewal fuel and can reduce the dependence on diesel. ‘Withdraw false’ case against scribe Publish Date : 2/11/2005 9:57:00 AM A section of the press reporters belonging to this town and working for different newspapers today urged the authorities to cancel the false case registered against Mr .... Anti-social elements grab home for elderly Publish Date : 2/11/2005 9:57:00 AM Mr Nachhattar Singh, who spent all the money he got after his retirement from the state government to set up a trust for running home for elderly in this town a few years ago... Special girdawri begins to assess loss Publish Date : 2/11/2005 9:56:00 AM Mr P.K. Verma, Financial Commissioner, Development, Punjab, today said that officials of the state Agriculture Department would assist officials of the Revenue Department .... Talk delivered on healthcare Publish Date : 2/11/2005 9:56:00 AM As part of the drive to bring the best in healthcare information to the people of the region, Dr G.S.Kalra, Director, Interventional Cardiology, and Dr Jaswant Rai, Director.... ‘Little Terrorist’ makes it to Oscar nomination Publish Date : 2/11/2005 9:55:00 AM With an Indian documentary film, “Little Terrorist,” written, directed and produced by Ashvin Kumar, making it to the Oscar nomination, Amritsar residents have double reason to feel happy. Capt dares Badal to face trial Publish Date : 2/11/2005 9:55:00 AM The Chief Minister, Capt Amarinder Singh, today dared the President of the Shiromani Akali Dal and former Chief Minister, Mr Parkash Singh Badal, and his son, Mr Sukhbir .... Complex built with people’s aid opened Publish Date : 2/11/2005 9:55:00 AM It is a government building with a difference. Residents contributed about Rs 25 lakh to complete the construction work of the tehsil complex at Nihalsinghwala, which ... 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