Federal Bank – The Private Indian Bank From Pre-independence Era

Travancore Federal Bank was the name of Federal Bank of India when it was established in the year 1931. It was inaugurated at Nedumpuram near Tiruvalla Kerala (Tiruvalla is situated south of Kottayam). It had 14 founders with Sri Oommen Varghese as the Chairman and Sri Oommen Chacko as its Manager. It functioned successfully for 10 years and then stopped all of a sudden due to health problems of the Manager Sri Oommen Chacko.

Then a Lawyer of Perumbavoor took the charge and managed it efficiently. The name of the Lawyer was K.P.Hormis. later in the year 1945 K.P. Hormis also became the Managing Director and shifted its Headquarters to Aluva. In the year 1947 the name of the bank was changed to Federal Bank. In the year 1970, it became a Scheduled Commercial Bank. After a series of mergers and acquisitions including banks at Chalakudy, Thrissur, Alleppey, Puthenpally, Thiruvananthapuram, and Kurundwad, Federal Bank became even bigger with larger financial turnovers.

It is one of the largest private sector banks and the prominent one amongst the old private group of Indian banks.

PRESENT STATUS:
Now the bank has its Headquarters at Aluva, near Kochi in Kerala. It is presently running 743 branches across 24 states in India. It now has 803 ATM’s across India. Of these 803 ATM’s there are 108 in Metro Centres, 224 in Urban Centres, 384 Semi-Urban and 87 in rural areas. There has been several high-profile sponsorships and other modes of advertisement including the title sponsorship of the popular Indian cricket franchisee Kochi Tuskers Kerala of the Indian Premier League or IPL. It is also the fourth largest bank right now in India in terms of capital base and is also listed in the London Stock Exchange in addition to the Indian stock markets Bombay Stock Exchange and National Stock Exchange.

ACHIEVEMENTS AND AWARDS:

The Federal bank of India has received many awards during its long journey since 1931 till now. Some of them are:
1. The banking technology Excellence Award for the year 2010-2011.
2. The Excellence Award for Second best bank among traditional private sector banks in Kerala.
3. The Great Mind Challenging Award for implementing the most innovative solution in Business.
4. Ranked number one in Economic Times Intelligence Group Survey.

SERVICES OFFERED:
The bank renders the following services:
1. Savings Bank Account.
2. Current Account.
3. Loans.
4. Deposits.
5. Debit Cards.
6. Fund Transfer.
7. Inward Remittance.
8. Online Bill Collection.
9. Bank Guarantee.
10. cash Management.
11. Demat Accounts.
12. Federal Pure Gold.
13. Gift Accounts.
14. Mutual Fund.
15. Safe Deposit Lockers.
16. NRI Banking Services.
17. Merchant Banking.
18. ASBA.
19. Visa Bill payment.
20. Master Card Secure Code.
21. Verified By Visa (VBV).
22. Online Tax Payment.
23. Mobile Banking -FedMobile.
24. Internet banking -FedNet.
25. Corporate FedNet.

LOANS:
It also gives Loans for various purposes like: Business, Agriculture an Rural, Housing, Educational, Travel, Personal, Car, Medical and Home Loans.

WORKING HOURS:
The Bank runs from morning 9 to evening 4 from Monday to Saturday. Sunday is a holiday. The Bank is closed on Public holidays. the timings are different for its Abu Dhabi Branch which works from 9 AM to 5:30 PM and this branch also works on Sunday.

Global Agriculture Firm H.j. Baker & Bro., Inc. Launched A Website

Westport, CT, January 22, 2014 – Global agriculture firm H.J. Baker & Bro., Inc. today announced that they have launched http://www.hjbaker.mx, a website dedicated to growing demand throughout Latin America. The Mexican website and office will facilitate sales of nutritional supplements for the dairy, poultry and aquaculture industries as well sulphur bentonite fertilizer for the entire region.

Javier Rodriguez, Country Manager for H. J. Baker de Mexico located in Guadalajara, Mexico, directed the website and will oversee sales efforts throughout the region.

Mr. Rodriguez graduated from National Polytechnical Institute in Mexico City, Mexico with a Bachelor’s degree in Commercial Relations and International Trade and received a Masters in Public Administration from American University, Washington, D.C.

Mr. Rodriguez said: “I am very proud to represent H.J. Baker in Mexico and Latin America. I hope many people will visit the website to learn more about H.J. Baker’s 160 year history and how our products can bring more success to farmers in Mexico and Latin America.”

About H.J. Baker & Bro. de Mexico S de R.L. de C.V.: H. J. Baker & Bro. de Mexico S de R.L. de C.V. is a subsidiary of H.J. Baker & Bro., Inc. and is located in Guadalajara, Mexico. It will provide marketing, sales and customer support for the company’s effort to provide feed ingredients, fertilizer, and sulfur products.

About H.J. Baker & Bro., Inc.: H.J. Baker and Bro., Inc. is a name synonymous with quality in the feed, fertilizer and sulphur industries for more than 160 years. With more than 20 locations throughout the United States, Canada, Brazil and Mexico, H.J. Baker has been mobilizing resources and providing outstanding products and services to the agriculture industry throughout the world. The company’s strategically located processing plants, offices and warehouses create a super-efficient pipeline for the vital commodities and products that it sources, manufactures, and markets. H.J. Baker & Bro., Inc. is headquartered in Westport, Connecticut USA.

For more information on H.J Baker de Mexico, please visit: http://www.hjbaker.mx.

Press Contact:
Peter Barhydt
H.J. Baker & Bro., Inc
Westport, CT
+1 (203) 618-1709
http://www.hjbaker.mx

Agriculture Industry In India

Agriculture in India has a long history. Since more than 10,000 years majority of Indians are dependent on the industry. As agriculture is counted the main business of most of the people, it plays a significant role in the overall socio economic development of the country. According to the Annual Report 2009-2010 of the Ministry of Agriculture the total geographical area of India is 328.7 million hectares of which 140.3 million hectares is net sown area, while 193.7 million hectares is the gross cropped area.

Among world nations, India is the largest producer of fresh fruits. It mainly produces Sesame seeds, fennel, badian, jute, cashew nuts, pulses, ginger turmeric, mangoes, chillies and peppers. India holds the second largest population of cattle. It has around 281million cattle.

It holds the second position in producing cashew, cabbage, cotton seed, fresh vegetables, garlic, cardamom, onions, wheat, rice sugarcane, tomatoes, coconut, ground nut, tea, green peas, cauliflower, potato and inland fish.

India is a country which produces tobacco, rapeseed, coconut and tomatoes in large amount. So, it is called the third largest producer of these produce. The Indian Agriculture Research Institute (INRI) was established in 1905. INRI was responsible for the research leading the Indian Green Revolution of the 1970s. The Indian Council of Agricultural Research (ICAR) is the apex body in agriculture and related fields. They have to look after all researches and education of the related field. The union minister of Agriculture is the president of ICAR. The Indian Agriculture Statistics Research Institute looks after and develops new techniques, and they design the experiments, analyses data in agriculture and they develop the strategies to get maximum from animal and plant breed. However, Government of India has set up Farmers Commission to completely evaluate the agriculture program but still farmers are facing some problems.

According to World Bank : Indian Branch the allocation of water is insufficient and unsustainable. The irrigation infrastructure is deteriorating. At some places the overuse of water is currently being covered by pumping facility but as these are falling by foot of underground water each year, this is a limited resource. Secondary, farmers in India are mostly illiterate, socially economically backward or incapable of developing new ideas. They are inadequate or inefficient to implement fast and progressive actions. Farmers are facing the problems of finance and lack of marketing services for farm produce. Still as agriculture being the Indian business, future of agriculture in India is bright.

Government is taking active interest in agriculture and it is giving the highest priority to it. The Tenth Plan allocation was comparatively lower than 11th Plan. The 11th Plan is considerably higher over the 10th plan. An amount of US$19 billion has been allocated for the Ministry of Agriculture during the Eleventh Five Year Plan. Agriculture is one of the strongholds of the Indian economy and accounts for 14.6 percent of the countrys gross domestic product (GDP) in 2009-2010, and provisional percent of the total export is 10.23 percent. Moreover, the agriculture sector, provides employment of 52 to 55 percent of the work force.

As per the Centre for Monitoring Indian Economy (CMIE) farm output will grow by 10 percent to 114 million ton (MT) in the Kharif season, while in winter season( Rabbi season) is expected to increase 2 percent that will be around 116.6 MT. According to Agricultural and processed Food Products Export Development Authority (APEDA) Indias exports of fruits, vegetables, cereals and processed food products was worth US$ 1.14billion during April May 2010-11. Middle East, Asia, Africa, and South America are developing countries in which 70 percent of the Indias agriculture and processed food is being exported.

This data makes it absolutely clear that Indian Economy is largely governed by the Industry, which is still largely dependent on the uncertainties of rainfall and other natural forces. We have a social responsibility to support the agricultural industry in every possible manner.

URL: http://www.made-from-india.com/article/Agriculture-Industry-In-India-821.html

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Safety Institution And Recommendations For Improving The Agriculture Industry

Stan G. Daberkow and Conrad F. Fritsch, American Journal of Agricultural Economics Vol. 61

Safety Education Institutions

Several organizations ostensibly give birth to improved the level of plow safety via their safety education programs. Such protection programs rely on voluntary compliance with suggested safety practices. Repetitive warnings and edifying safety remarks are designed to keep plow operators constantly aware of farmstead hazards, as a consequence lowering the peril of injury. The federal government’s role in the sphere of agricultural safety education has been primarily through the U.S. Branch of farming via the lean-to Service. The Land-Grant University method has besides contributed to this education effort. Lone notable nongovernment nonprofit agency associated with plow safety and safety in the sphere of broad-spectrum is the state Safety ruling body (NSC). This band develops edifying in a row and presents seminars in support of safety specialists employed with secretive industry and state lean-to Services.

Lone can scrutinize the edifying safety expenditures of the federal and state agencies having the status of a safety in a row accumulation, synthesis, and distribution method. In the sphere of this context, the agricultural industry’s facility to secu.A propos safety in a row subsidized by the in the public domain sector seems somewhat unique. A amount of economists give birth to suggested with the aim of the “proper” role of government in the sphere of the area of administrative center safety ought to be present restricted to safety seek (survey hazard analysis of risks) and in a row dispersal (Goldberg). Workers, employers and self-employed farmers as a consequence are able to benefit the obtainable in a row to determine their optimum level of safety consumption. Workers might respond by demanding peril premiums in the sphere of their wages seeking other employment, opting in support of greater self-protection through diligent composition behavior or else a combination of both. Employers and self-employed farmers are as well induced to amendment their administrative center ecosystem or else amendment their composition routine.

Safety Recommendations

“As a means of adjudicating matters of personal and property rights, the adversary process has major advantages. But it is a poor replacement for making highly complex economic policy. We should compare an imperfect market with an imperfect regulatory scheme, not with some ideal and omniscient abstraction” (Schultz, p. 61). In the sphere of all models (market, judicial, insurance and regulatory) the final consequence is supposedly with the aim of folks who demand goods and services from industries in the sphere of which employment is risky have to give in support of the expenditure of employee injuries and diseases which are by-products of the production process. Perceptibly, coal miners, policemen, farmers and firemen command persist to be present demanded despite the top than usual risks of injury and disease. The crucial question becomes whether the in the public domain certificate programs of Worker’s Compensation, and OSHA and, to various area the prudent method, can allocate safety wealth so having the status of to move us closer to the socially optimal level of administrative center safety.

Recommendation 1

A complete journal of obtainable agricultural administrative center safety statistics ought to be present undertaken. This journal ought to include an assessment of availability of data right in support of determining causal factors contributing to accident occurrences and succeed recommendations in support of a unified data center. The focus ought to be present partial to work-related accidents. Factors heartwarming the identification of composition accidents, such having the status of the dual ecosystem of farms having the status of seats of composition and seats of recreation, require detailed identification.

Recommendation 2

Persist to evaluate the effectiveness of the in the public domain provision of administrative center safety in a row. Farming is unique in the sphere of with the aim of the in the public domain sector financially ropes a amount of activities designed to enlighten plow workers and farmers roughly plow safety. The marketplace sort suggests with the aim of the well-informed employee command benefit awareness of appointment risks to assess the good looks of his capability composition ecosystem and to advance composition behavior with the aim of would lessen the probability of job-related accidents or else diseases. Questions to which this seek is directed include: Can the release of safety services in the sphere of farming be present improved? Does the provision of in the public domain safety in a row by the lean-to Service provide the the largest part cost efficient method of dipping plow accidents? How of great consequence and cost-effective is in a row from secretive sector sources such having the status of insurance companies or else the NSC?

Recommendation 3

A complete evaluation of the cost and effectiveness of the current bit by bit attitude to agricultural administrative center safety is a prerequisite in support of forming a basis in support of on the rise a supplementary integrative method of safety institutions. The current safety method has evolved somewhat chaotically in excess of clock. Data on benefit of the prudent method by plow workers or else employers is partial, and therefore its role having the status of a deterrent to administrative center accidents or else diseases is unknown. Coverage of the agricultural sector under Worker’s Compensation is still not complete in the sphere of precise states. Furthermore, the association concerning experience rating of agricultural employers and plow injury duty appears weak. Produce liability possibly will give birth to been a reason in the sphere of humanizing the safety design of plow equipment but the association concerning the two is nebulous. OSHA industry values in the sphere of farming organize not cover self-employed plow operators and now exempt employers with fewer than ten workers. As a consequence the values attitude to administrative center safety possibly will give birth to slight influence on the agricultural injury rate. The question becomes, to what area organize both of these institutions influence on the level of agricultural safety by acceptable social expenditure.