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Government rules out possibility of zero duty sugar import

The minister also added that the import duty on pulses had been increased to 25 percent in the backdrop of a fall in prices in the domestic market.

No plans to raise wheat import duty: Ram Vilas Paswan

Wheat import has not been much after the Customs duty was imposed. Prior to that, private traders had imported about 5.5 million tonnes at zero Customs duty till March-end, according to industry data.

Govt extends stock limits on sugar traders for six months

Govt extends stock limits on sugar traders for six months

The government on Wednesday decided to extend stock limits on sugar traders by another six months till October 2017 to check sweetener prices that are ruling at Rs 42-44 per kg.

Pulses, tomato prices remain high

Prices of pulses continued to rule high at up to Rs 200 per kg, while two key vegetables - tomato and potato - stayed costly at up to Rs 80 and Rs 35/kg despite multi-pronged efforts by authorities to check the rise.

Sugar exports up at 1.6 MT so far in 2015-16 season

Sugar exports up at 1.6 MT so far in 2015-16 season

New Delhi: India has exported over 1.6 million tonnes of sugar so far in 2015-16 marketing year that started from October last, up 46 percent from the whole of previous year, according to industry body ISMA.

Sugar output to decline to 26 million tonnes in 2015-16

The country had produced 28.1 million tonnes of sugar in the 2014-15 marketing year (October-September).

States not in favour of uniform tax on wheat/rice: Food Ministry

"We have discussed the matter with state governments. They have not agreed on uniform taxation. So, it is not possible to implement this recommendation of the panel," a senior Food Ministry official told PTI.

Centre to reimburse 6 states amount of value-cut for wheat

The move is aimed at ensuring that wheat farmers get the full minimum support price (MSP) of Rs 1,450 per quintal.

ISMA wants govt to buy surplus sugar stock to end crisis

Government's decision to hike import duty on sugar and remove excise duty on ethanol will help millers only in the long run and it should buy 10 percent of the sweetener produced this year to help clear cane arrears, sugar industry body ISMA said on Wednesday.

CCEA okays hike in sugar import duty to 40%

The Centre had in August last year hiked the import duty on both raw and refined sugar to 25 percent from 15 percent.

Govt hikes import duty on sugar to 40% from 25%

Sugar production of India, the world's second largest producer, is estimated to be higher than the domestic consumption for the fifth year in a row this season.

Food ministry for hiking import duty on sugar to 40%

The Food ministry would recommend a hike in import duty on sugar to 40 percent from the current 25 percent to check sliding price of the sweetener and enable mills to clear mounting cane arrears that has reached almost Rs 20,000 crore so far.

Govt notifies export subsidy of Rs 4,000/tonne for raw sugar

The government today notified fixed subsidy of Rs 4,000 a tonne for export of up to 1.4 million tonnes of raw sugar in the ongoing 2014-15 marketing year (October-September).

Food Ministry for extending sugar export subsidy for 1.4 million tonnes

The Food Ministry is in favour of extending export subsidy for only 1.4 million tonnes of raw sugar in the ongoing 2014-15 marketing year.

FCI rejig: Panel for direct cash transfer of food subsidy

After oil, a cut in food subsidy is on the anvil as a high-level panel Wednesday suggested giving cash to beneficiaries and shifting rice and wheat procurement to states that do not have provisions for administered purchase price.

FCI rejig: Panel submits report, PM asks for FoodMin views

Prime Minister Narendra Modi Wednesday asked the food ministry to expeditiously give its comments on the FCI restructuring plan proposed by a high- level committee headed by BJP MP Shanta Kumar.

Food ministry to separate procurement, storage of foodgrains

Union Minister of State for Consumer Affairs, Food and Public Distribution Raosaheb Danve said Thursday that his ministry would separate the functions of procurement and storage of foodgrains for effective management.

Centre mulls giving freedom to states to fix PDS rate of sugar

Amid demands from various states, the Food Ministry is mulling giving flexibility to state governments to fix the PDS rate of sugar, which has been kept unchanged at Rs 13.50 per kg since 2002.

Cash-starved FCI asks govt to clear Rs 50,000 cr dues

Faced with liquidity crunch, state-run Food Corporation of India (FCI) has asked government to clear dues of Rs 50,000 crore in a phased manner.

Govt merges directorates of sugar & edible oils

In line with Prime Minister Narendra Modi's policy of minimum government, maximum governance, the Centre has merged the Directorate of Sugar and the Directorate of Edible Oils in the Food Ministry.