Amid the political push and pull, the Centre's decision to allow sugar exports and remove the 50 per cent duty on molasses exports has rekindled hope in the industry that more relief may follow.
The government has asked manufacturers to revise the maximum retail price (MRP) on unsold stocks in line with the change in GST rates. The government has reduced GST on various products and services, which will come into effect from September 22.
Union Minister Chirag Paswan predicts Nitish Kumar will be Bihar CM again after elections, criticizes opposition for targeting the Army and questioning Operation Sindoor.
The Indian government has assured citizens that the country has ample food stocks to meet domestic demand, despite escalating tensions with Pakistan. The government has also warned traders against hoarding essential food items and creating artificial shortages, emphasizing that there is no need for panic buying. The food ministry detailed the country's current stock levels, showcasing a surplus over required buffer norms for rice, wheat, and pulses. Additionally, India holds substantial edible oil and sugar stocks, ensuring a strong food security position.
Amid concerns among devotees on the quality of ghee used in the famous Tirupati 'laddu prasadam', the Tirumala Tirupati Devasthanams (TTD) has said sanctity of the sacred sweetmeat has been restored.
Union minister Chirag Paswan on Monday said his Lok Janshakti Party-Ram Vilas wants to fight the assembly election in Jharkhand and a final decision will be taken soon on whether it would contest under the National Democratic Alliance (NDA) or alone.
As a panel of senior ministers deliberates on the need to review curbs on exports of some rice varieties, data shows that since outbound shipments saw restrictions in July-August last year, the non-basmati segment has suffered more than basmati exports. Sources said the panel is expected to soon deliberate on a few suggestions to ease the export curbs on some rice varieties due to higher-than-required stocks in the central pool. The panel, some observers feel, may also postpone the decision to ease the export curbs till a firm picture emerges on the latest kharif paddy sowing.
Farmers will march towards Delhi on Tuesday after a meeting with two Union ministers over their demands, including legal guarantee to minimum support price (MSP) for crops, remained inconclusive.
The Centre on Friday said it will sell 'Bharat Rice' in the retail market at Rs 29 per kg from next week to give relief to the common man and has also directed traders to disclose rice/paddy stock, as part of its efforts to control prices that have risen by around 15 per cent in the last one year. In a press conference, Union Food Secretary Sanjeev Chopra exuded confidence that these two measures along with the various restrictions of exports will help in cooling down the prices. Seeking to dispel market rumours, he categorically said the government has no plans to lift restrictions on rice exports any time soon.
Farmers from Punjab clashed with Haryana police at two border points between the states on Tuesday, facing tear gas and water cannons as they tried to break past barricades blocking their protest march to the national capital. The police lobbed tear gas shells -- some of them dropped from a drone -- and tried to disperse groups of stone-pelting protesters in the face-off that last several hours at Shambhu border near Ambala in Haryana.
The cooking oil national industry body -- Solvent Extractors' Association (SEA) of India has suggested immediate initiation of government to government (G2G) dialogue with Indonesia on the proposed palm oil export ban from April 28 by them as it would have an adverse repercussions in India. Indonesia, which is the world's largest producer of palm oil and meets nearly 50 per cent of the total palm oil requirement in India annually, had announced to ban exports till further notice apparently to contain edible oil prices in their domestic market. "We have suggested our government initiate dialogue with Indonesian counterparts at the highest diplomatic level on the cooking oil export ban.
Major edible oil companies, including Adani Wilmar and Ruchi Soya, have reduced the maximum retail price (MRP) of their products by 10-15 per cent to provide relief to consumers, industry body SEA said on Monday. The prices have been reduced by Adani Wilmar (on Fortune brands), Ruchi Soya (Mahakosh, Sunrich, Ruchi Gold and Nutrella brands), Emami (Healthy & Tasty brands), Bunge (Dalda, Gagan, Chambal brands) and Gemini (Freedom sunflower oil brands), it said. OFCO (Nutrilive brands), Frigorifico Allana (Sunny brands), Gokul Agro (Vitalife, Mahek and Zaika brands) and others have also reduced prices, it added.
Stepping up protest against the Centre's paddy procurement policy, Telangana Chief Minister K Chandrashekar Rao on Monday led a dharna in the national capital organised by his party, and warned the Modi government to respond within 24 hours if it will buy the grain from the state.
Paras, who was sworn in as a Cabinet Minister on Wednesday in the Narendra Modi-led government and made the Minister of Food Processing Industries, asked Chirag Paswan to do "self-introspection" about his mistakes.
'People are distressed that the central government is fighting everyone'
To prevent hoarding and check price rise, the Centre on Friday imposed stock limits on all pulses, except moong, held by wholesalers, retailers, importers and millers till October. The stock limits are imposed with immediate effect. An order in this regard has been issued by the Union food and consumer affairs ministry. Retail prices of pulses rose by more than 20 per cent during the January-June period of this year, according to the ministry's data.
Expressing her anguish over the pain of farmers, Badal, leader of the ruling BJP's erstwhile ally, said, "It is strange that farmers are spending nights in open during the chilling winters and even then their demands are falling on deaf ears."
The central government on Friday stopped the doorstep delivery of ration scheme MMGGRY (Mukhya Mantri Ghar Ghar Ration Yojana) of the Delhi government, scheduled to be launched on March 25.
He also said that train services will resume after the state government and protesting farmer unions assure the safety of the tracks. Tomar and Union Food, Commerce and Railways Minister Piyush Goyal held a day-long meeting with representatives of various farmer unions at Vigyan Bhawan in New Delhi.
At the benchmark Lasalgaon Agricultural Produce Market Committee (APMC) mandi, the model onion price shot up to Rs 21.50 a kg on Thursday, as against Rs 16.50 a kg on Wednesday. This was the highest since February 11.
According to the food ministry, about 142 lakh migrants will benefit in Uttar Pradesh and in Bihar (86.45 lakh), Maharasthra (70 lakh), West Bengal (60.1 lakh), Madhya Pradesh (54.64 lakh), Rajasthan (44.66 lakh), Karnataka (40.19 lakh), Gujarat (38.25 lakh), Tamil Nadu (35.73 lakh), Jharkhand (26.37 lakh), Andhra Pradesh (26.82 lakh) and Assam (25.15 lakh).
There was a delay in sowing of kharif onion because of late arrival of monsoon and later floods in many states damaged the crop.
Union Food Minister Ram Vilas Paswan said the hospitality industry would be asked whether it can do it "voluntarily" or or needed the government to make legal provisions for it.
Industry clueless about implementing labelling ru#8804 FSSAI dithers over regulations.
India might not have started growing genetically modified food crops, but it does import food products that contain GM ingredients. Consumers who buy them have no way of knowing what they contain. The government has come up with guidelines to let you know if the item purchased is genetically modified.
It is unusual for Congress chief ministers to say no to Congress Party President Sonia Gandhi, but some of them have gathered the courage to oppose Gandhi's dream project.
This has been done after most states failed to lift the additional allocations, despite repeated reminders from the central government.
Stocks of sugar companies rose after the development. At the Bombay Stock Exchange, Bajaj Hindusthan, India's biggest producer, gained 4.25 per cent to close at Rs 121.35, Balrampur Chini gained three per cent and closed at Rs 88 while Renuka Sugars gained four per cent to Rs 68.
As the Congress party prepares to launch protests against the economic slowdown, Chhattisgarh Chief Minister Bhupesh Baghel tells Archis Mohan that his state has escaped its effects as his government has pursued policies that have put money in the pockets of workers, farmers, housewives and tribals, which has helped spur demand.
We are looking at setting up 30 food parks in the 11th five-year Plan, says Subodh Kant Sahai Union Food, Processing Minister.
The Centre has begun consulting states on implementing its Rs 3 per kg rice/wheat scheme for the poor, but discussions got stuck on what would be the basis for defining the beneficiaries.
Long queues outside grocery stores, inflated prices, difficulty in getting important items -- these were some of the problems encountered by people in the National Capital Region (NCR).
A committee of secretaries is considering a Rs 4,000-crore (Rs 40 billion) market intervention fund to provide states interest-free loans to augment foodgrain and edible oil availability, among other items. The money will enable states to intervene in the market by buying and distributing essential items to economically weaker families that are eligible for government assistance.
The agriculture ministry projects India's tomato output at 19.69 million tonnes in 2016-17 (July-June)
In a startling discovery, the police have found that two gangsters owing allegiance to gangster-turned-MLA Arun Gawli were members of the Union Food and Civil Supplies Ministry's Task Force on Food Processing, prompting them to start an enquiry into the matter.
The Rajya Sabha MP, who lost out to Bachchan in the race for re-nomination to the upper house and on Monday quit the Samajwadi Party to join the BJP, had said at a press conference that the SP denied him the RS ticket and gave it to somebody who used to dance and act in films.
He wanted changes in certain criteria for the project.
"You can see all of us working together. There is no discontent. The problem is, today newspapers have more pages than before, news channels run 24X7 and then there is social media where anybody can say anything without worrying about backing a claim with facts," he said.
Star TV has signed up SRK for more than double of Amitabh's fee.
It was alleged that Sidhu violated the model code of conduct as he, along with his family, entered the premises of the booth in private cars.
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