logo
Hill brooms from Kotia find many takers in Chhattisgarh

Hill brooms from Kotia find many takers in Chhattisgarh

JEYPORE: Hill brooms produced by the tribals of Kotia panchayat under Pottangi block in Koraput district have gained significant popularity in neighbouring Chhattisgarh.
A Bilaspur-based agro company, BIOCART, has placed an order for 100 tonne of hill brooms in March following last year's encouraging market response.
According to sources, the Pottangi block administration has actively promoted awareness among the tribal communities of Kotia region, encouraging them to engage in hill broom production to improve their socio-economic conditions. As a result, around 300 tribals have joined the Pottangi Agro Products Producer Company, a unit under the Odisha Rural Development and Marketing Society (ORMAS), to streamline the supply and marketing of hill brooms to other states.
Last year, a trader from Jagdalpur in Chhattisgarh's Bastar sourced over 50 tonne of hill brooms from Kotia, which sold rapidly due to their high quality. Building on this market momentum, BIOCART reached out to ORMAS and placed a large order for 100 tonne of brooms this year.
Sources said the brooms will be procured in phases at Rs 43 per kg, amounting to a total business of approximately Rs 43 lakh this season. The company has already lifted two tonne from Kotia as part of the first phase of the order.
District project manager of ORMAS Roshan Kartik said, 'We have supplied two tonne of hill brooms produced by Kotia tribals and will continue to fulfil the order in phases. More beneficiaries from Kotia will be engaged in the coming months to expand collection of raw materials and production of the brooms in the bordering villages.'
Block development officer of Pottangi Ram Krushna Nayak said the rising demand for Kotia's hill brooms in Chhattisgarh is an encouragement for the tribals to strengthen their economic condition. 'We are committed to supporting the tribal communities of Kotia through various government schemes aimed at better livelihood for them,' he added.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

'Why do I need RCB? I don't even drink Royal Challenge': Karnataka Deputy CM's epic take on rumours of buying franchise
'Why do I need RCB? I don't even drink Royal Challenge': Karnataka Deputy CM's epic take on rumours of buying franchise

Hindustan Times

time21 minutes ago

  • Hindustan Times

'Why do I need RCB? I don't even drink Royal Challenge': Karnataka Deputy CM's epic take on rumours of buying franchise

Karnataka Deputy CM DK Shivakumar on Wednesday shut down rumours about him buying the Royal Challengers Bengaluru (RCB) franchise in epic fashion. His statement came a day after RCB owners, Diageo India — the Indian arm of UK-based Diageo Plc — responded to speculation that part or all of the IPL franchise was up for sale "I am not a mad man. I'm just a member of the Karnataka Cricket Association from my younger days, that's all. I don't have time, though I had offers to be part of the management... Why do I need RCB? I don't even drink Royal Challenge," Shivakumar told news agency ANI. Earlier this week, a Bloomberg report said that the British distiller was in discussion with potential advisers on selling the club. Diageo owns the team through its Indian unit, United Spirits Ltd., and may seek a valuation of as much as $2 billion. Following the rumours, the shares of United Spirits, registered with the Bombay Stock Exchange (BSE), gained a 3.3 per cent increase in its price, this hitting a five-month high on Tuesday morning. This forced the BSE to sent out a mail to Diageo, who then responded saying the reports were merely speculative in nature. Mital Sanghvi, the company secretary, informed the regulating body of the Indian Stock Market on the mail saying, "The company would like to clarify that the aforesaid media reports are speculative in nature and it is not pursuing any such discussion. This is for your information and records."

Volumes soar at Tata Teleservices (Maharashtra) Ltd counter
Volumes soar at Tata Teleservices (Maharashtra) Ltd counter

Business Standard

time22 minutes ago

  • Business Standard

Volumes soar at Tata Teleservices (Maharashtra) Ltd counter

Tata Teleservices (Maharashtra) Ltd recorded volume of 1182.55 lakh shares by 14:14 IST on NSE, a 15.34 times surge over two-week average daily volume of 77.11 lakh shares RattanIndia Enterprises Ltd, Wockhardt Ltd, United Spirits Ltd, NMDC Steel Ltd are among the other stocks to see a surge in volumes on NSE today, 11 June 2025. Tata Teleservices (Maharashtra) Ltd recorded volume of 1182.55 lakh shares by 14:14 IST on NSE, a 15.34 times surge over two-week average daily volume of 77.11 lakh shares. The stock gained 9.30% to Rs.78.14. Volumes stood at 43.08 lakh shares in the last session. RattanIndia Enterprises Ltd saw volume of 1242.69 lakh shares by 14:14 IST on NSE, a 11.55 fold spurt over two-week average daily volume of 107.55 lakh shares. The stock increased 9.84% to Rs.64.75. Volumes stood at 675.15 lakh shares in the last session. Wockhardt Ltd recorded volume of 63.1 lakh shares by 14:14 IST on NSE, a 7.05 times surge over two-week average daily volume of 8.95 lakh shares. The stock gained 16.58% to Rs.1,803.10. Volumes stood at 5.46 lakh shares in the last session. United Spirits Ltd saw volume of 84.72 lakh shares by 14:14 IST on NSE, a 6.96 fold spurt over two-week average daily volume of 12.16 lakh shares. The stock dropped 6.76% to Rs.1,501.10. Volumes stood at 10.03 lakh shares in the last session. NMDC Steel Ltd recorded volume of 223.08 lakh shares by 14:14 IST on NSE, a 6.7 times surge over two-week average daily volume of 33.29 lakh shares. The stock gained 1.88% to Rs.40.65. Volumes stood at 39.8 lakh shares in the last session.

Benchmarks trade with minor gains; oil & gas shares gain
Benchmarks trade with minor gains; oil & gas shares gain

Business Standard

time22 minutes ago

  • Business Standard

Benchmarks trade with minor gains; oil & gas shares gain

The key equity indices witnessed small gains in afternoon trade, lifted by positive global trade developments. Optimism from Asian markets and hopeful signals from US-China trade negotiations in London boosted investor sentiment. The Nifty traded above the 25,100 level. Oil & gas shares advanced after declining in the past trading session. At 14:30 IST, the barometer index, the S&P BSE Sensex, added 122.24 points or 0.15% to 82,513.96. The Nifty 50 index rose 38.10 points or 0.15% to 25,140.30. The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index shed 0.27% and the S&P BSE Small-Cap index fell 0.26%. The market breadth was positive. On the BSE, 2,078 shares rose and 1,916 shares fell. A total of 144 shares were unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, fell 2.10% to 13.72. Buzzing Index: The Nifty Oil & Gas index rose 1.50% to 11,729.25. The index shed 0.08% in the past trading session. Oil India (up 5.74%), Bharat Petroleum Corporation (up 3.91%), Hindustan Petroleum Corporation (up 2.51%), Indian Oil Corporation (up 1.96%), GAIL (India) (up 1.4%), Oil & Natural Gas Corpn (up 1.27%), Reliance Industries (up 0.9%), Mahanagar Gas (up 0.7%), Petronet LNG (up 0.29%) and Gujarat Gas (up 0.29%) advanced. On the other hand, Adani Total Gas (down 2.73%), Castrol India (down 2.67%) and Indraprastha Gas (down 1.43%) edged lower. Numbers to Track: The yield on India's 10-year benchmark federal paper shed 0.19% to 6.275 from the previous close of 6.287. In the foreign exchange market, the rupee edged higher against the dollar. The partially convertible rupee was hovering at 85.5425 compared with its close of 85.5700 during the previous trading session. MCX Gold futures for 5 August 2025 settlement rose 0.47% to Rs 97,356. The US Dollar Index (DXY), which tracks the greenback's value against a basket of currencies, was down 0.03% to 99.01. The United States 10-year bond yield rose 0.25% to 4.484. In the commodities market, Brent crude for August 2025 settlement rose 11 cents or 0.16% to $66.98 a barrel. Stocks in Spotlight: Minda Corporation shed 0.77%. The company announced a joint venture with Japan-based Toyodenso Co. for advanced automotive switches for the Indian market. IIFL Finance rose 0.61%. The companys board has approved raising funds aggregating to Rs 600 crore through non-convertible debentures (NCDs) on a private placement basis.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store