Govt seizes over 1.20 lakh ton of pulses; dal prices falling but still costly

Govt seizes over 1.20 lakh ton of pulses; dal prices falling but still costly

Over 1.20 lakh tonnes of pulses have been seized from hoarders across the country so far as part of the government's steps to control prices of lentils, which still remain expensive for common man.

Pulses prices touch Rs 210/kg; 5,800 tonnes seized from hoarders

Pulses prices touch Rs 210/kg; 5,800 tonnes seized from hoarders

According to the Consumer Affairs Ministry, over 5,800 tonnes of pulses have been seized in five states in the last few months. Around 2,546 tonnes have been seized from Telangana, 2,295 tonnes from Madhya Pradesh, 600 tonnes from Andhra Pradesh, 360 tonnes from Karnataka and 1 tonne from Maharashtra.

Wake up on Dal price rise: Ahmed Patel to Centre

Congress leader Ahmed Patel on Thursday said the Centre is sleeping over the increasing prices of Dal.

Maggi row: Maintain decorum, wait till facts come to light, says PM Modi

Prime Minister Narendra Modi has advised maintaining decorum on the Maggi row till all facts come to light, Food and Consumer Affairs Minister Ram Vilas Paswan said Thursday.

Cabinet okays new Consumer Protection Bill

The Cabinet on Wednesday approved a new Consumer Protection Bill 2015 that seeks to replace a 29-year-old law and proposes to set up a regulatory authority which will have powers to recall products and initiate class class suit against defaulting companies, including e-tailers.

Cabinet likley to approve new Consumer Protection Bill today

The Cabinet is likely to approve Wednesday a new Consumer Protection Bill 2015, that seeks to replace the existing law and proposes setting up a regulatory authority to curb unfair trade practices.

FSSAI briefs Parliamentary panel on Maggi controversy

Food safety regulator FSSAI on Friday briefed a Parliamentary panel about the Maggi controversy and regulation of toxic contents in packaged food items.

Frame policy for brand ambassadors: CAIT

Taking note of the Maggi noodles row, traders body CAIT has urged Consumer Affairs Minister Ram Vilas Paswan to formulate policy and guidelines for brand ambassadors endorsing products.

CAIT urges government to take action against Maggi brand ambassadors

The brand ambassador have given health guarantee to the public, which is not based on any adequate or scientific judgement and therefore makes them liable to face prosecution for violation of Section 24 of FSSAI Act, 2006, it added.

NCDRC takes aim at Consumer Protection Act amendments

The Consumer Affairs Ministry has proposed many changes to the current law to protect consumer rights and simplify the judicial process to ensure swift and inexpensive justice. The amendment Bill will soon be taken up for Cabinet approval.

Govt looking at merging FMC with Sebi

While FMC is the regulator for commodities trading, while the Sebi regulates the capital markets.

CCEA may consider today stock limits on onion, potato

Currently, stock limits are imposed for pulses, edible oils and oilseeds till September 2014, while for rice and paddy upto November this year.

Cabinet may discuss stock holding limit on agri-items on Sep 20

The Cabinet is likely to consider this Friday a proposal to extend stock holding limit on pulses, edible oils and oilseeds for one more year to ensure their availability and check prices.

Consumer Affairs Min opposes tax on commodity derivatives

Amid demand from some banks to impose a tax on commodity derivatives in the forthcoming Budget, Food and Consumer Affairs Minister K V Thomas has written to the Finance Minister saying that any such move will distort the nascent market.

Consumer Affairs Min not in favour of CTT

Amid reports that the Finance Ministry plans to impose a tax on commodity derivatives in the forthcoming Budget, the Consumer Affairs Ministry on Friday opposed any such move saying it would distort the nascent market.

Civ Av Min opposes crediting Airport Dev Fee to Consumer Fund

The Civil Aviation Ministry has strongly objected to the Consumer Affairs Ministry's view that airport regulator AERA should credit Rs 1,500 crore collected by Delhi airport operator DIAL to the Consumer Welfare Fund.

FDI in retail: Govt to reach out to consumer bodies

Giving a clear signal that opening up the multi-brand retail sector to foreign investment is very much on the cards, the Consumer Affairs Ministry will initiate steps to bring consumer organisations on board to arrive at a consensus on the ambitious proposal.

Voices in UPA for taking away Consumer Affairs from Pawar

Amid rising prices of food grains, voices are emerging in the central government that portfolios of Agriculture and Consumer Affairs, held by Sharad Pawar, should be segregated as there could be a conflict of interest between two.