Latest news with #Nanma
Time of India
2 days ago
- Business
- Time of India
Coconut oil prices to be reduced in state after discussions with traders
Kochi: Following discussions with oil traders in Kochi on Monday, food and civil supplies minister, G R Anil, announced that coconut oil prices will be reduced in the state. At the meeting held in the presence of industries minister, P Rajeeve, the traders assured that they could bring coconut oil to the market without excessive profit. Govt is trying to prevent price hikes in a way that benefits traders, farmers and consumers alike, minister said. "In connection with Onam, a tender issued by Supplyco will allow traders to participate at lower rates. It is expected that this will help reduce market prices. As the price of coconut oil from Supplyco decreases, it is anticipated that the overall market price will also drop," Anil said. Minister Rajeeve stated that inspections will be intensified to prevent adulterated oil from reaching the market and strict action will be taken. The industries department already took several measures to strengthen Kerala's production of coconut oil. Thirteen companies were awarded the Kerala brand 'Nanma.' The minister also mentioned that all necessary steps were taken to increase domestic production in Kerala. The meeting with industry representatives was convened in response to the rising prices causing significant difficulties for ordinary people. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo Around sixty oil traders participated in the meeting held at Ernakulam Guest House. The ministers assured that payments would be made to traders supplying coconut oil to Supplyco at reduced rates within 15 days. Govt's stance is to help people by eliminating various additional costs. Efforts to increase domestic production of coconut oil will be intensified. Discussions will also be held with public sector institutions, including Kerafed, the minister added. The meeting was attended by industries department principal secretary, APM Mohammed Hanish, Supplyco managing director, Ashwathi Srinivas, Kerala tourism additional director (general), P Vishnuraj and coconut oil traders from state.
New Indian Express
20-07-2025
- Business
- New Indian Express
Kerala should leverage its rising brand value for industrial growth: Minister P Rajeeve
KOCHI: 'Kerala's rising brand value in the post-Covid-19 era must be effectively leveraged to drive industrial growth across the state', said Industries Minister P Rajeeve on Friday. He was speaking at a Kerala Brand Stakeholder workshop in Kochi, convened to expand the scope of the 'Kerala Brand' (Nanma) initiative. The 'Kerala Brand' initiative, designed to give a distinct identity to high-quality, ethically produced products from the state, has now been expanded to include ten additional products. In the food category, coffee, tea, honey, ghee, and packaged drinking water have been shortlisted. In the non-food category, plywood, footwear, PVC pipes, surgical rubber gloves, and cattle feed will be brought under the certification umbrella. Highlighting the government's broader vision, Rajeeve also said that the state aims to attract skilled professionals who have migrated abroad and build a smart, sustainable economy powered by local enterprise. The workshop was jointly organised by the Department of Industries and Commerce, Kerala Bureau of Industrial Promotion (K-BIP), Kerala State Industrial Development Corporation (KSIDC), and KINFRA, under the Central government's Rising and Accelerating MSME Performance (RAMP) scheme.
