IN THE FOREST OF THE NIGHT
Article Abstract:
The Government of India will have to chalk out new policies for promoting the raising of plantations of fast growing timber species as India is a timber deficient country. India, which has an estimated annual demand of over 30 million cubic metres of timber, imported timber worth Rs960 crore during 1996-97. India will have to reorient the existing technologies to plantation timbers to meet the estimated demand for industrial wood of 34 million cubic metres by the year 2001 and 39 million cubic metres by 2006 AD. There is need to popularise the usage of plantation timber like eucalyptus, poplar, kadam, silver oak and rubber wood as they hold a huge potential and are still unexploited. The Rs6,000-crore Indian plywood and panel industry is facing shortage of plywood due to the Supreme Court's ban on felling of trees in Arunachal Pradesh and other north-eastern states. The industry opines that its demand could be met if at least 10 percent of the 100 million hectares of wasteland in India were used for timber cultivation. Currently, the per capita consumption of plywood is around 0.80 square metres per annum. (ag)
Comment:
India: Govt will have to chalk out new policies for promoting raising of plantations of fast growing timber species
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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VARINDHABAN FORESTS INVESTMENT SCHEME
Article Abstract:
The collective investment scheme of Varindhaban Forests Ltd has been assigned a DCR Ind 5 (high risk grade) rating by Duff & Phelps Credit Rating India Pvt Ltd. The rating reflects the company's poor profitability resulting in its poor ability to repay investors. It also reflects insufficient income from plantation activities requiring fresh collections to repay investors and a debt-equity ratio of over 38. (khr)
Comment:
The collective investment scheme of Varindhaban Forests Ltd has been assigned a DCR Ind 5 (high risk grade) rating by Duff & Phelps Credit Rating India Pvt Ltd.
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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PIONEER FOREST INDIA SCHEME
Article Abstract:
The collective investment scheme of Pioneer Forest India Ltd has been assigned a DCR Ind 5 (high risk grade) rating by Duff & Phelps Credit Rating India Pvt Ltd. The rating reflects the company's total liabilities of Rs1.364 crore, which is 57 times its capital and successive losses incurred over the last three years of operations. (khr)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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