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

Last Updated: Monday, August 18, 2014, 20:35

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

Last Updated: Monday, August 18, 2014, 16:25

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.

Paswan seeks ban on onion exports before allowing imports

Last Updated: Thursday, July 17, 2014, 14:03

Food Minister Ram Vilas Paswan has suggested to the Commerce Ministry to first impose a ban on onion exports before allowing imports from other countries to boost domestic supply and check prices.

Food Min moves Cabinet note to suspend sugar export subsidy

Last Updated: Tuesday, July 01, 2014, 14:07

The Food Ministry has sought approval to end the subsidy for raw sugar exports one year earlier as it is being availed only by a few sugar mills, a senior government official said on Tuesday.

Food ministry employee acquitted in 22-year-old case

Last Updated: Friday, June 27, 2014, 18:32

A man, who was employed as a cashier in the Ministry of Food, was acquitted by a Delhi court of the charge of criminal breach of trust in a 22-year- old case of misappropriation of over Rs 1.4 lakh.

CCEA defers subsidy on raw sugar exports

Last Updated: Tuesday, February 04, 2014, 21:00

The Cabinet Committee on Economic Affairs (CCEA) on Tuesday deferred a decision on fixing subsidy for exports of raw sugar, amid differences between food and agriculture ministries.

CCEA may consider tomorrow incentives for raw sugar export

Last Updated: Wednesday, January 29, 2014, 18:38

The Cabinet Committee on Economic Affairs (CCEA) is likely to consider Thursday a proposal to give a cash subsidy of Rs 2,000 per tonne for export of four million tonnes of raw sugar for a period of two years.

CCEA okays norms for sugar mills to get interest-free loans

Last Updated: Thursday, December 26, 2013, 15:16

Government on Thursday approved modalities for the beleaguered sugar industry to avail interest-free loans to the tune of Rs 6,600 crore from banks for effecting timely payment to cane growers.

Govt sells 1.8 mn tonnes wheat to bulk buyers under OMSS so far

Last Updated: Tuesday, December 10, 2013, 14:24

Government has so far sold 1.8 million tonnes of wheat to bulk buyers such as floor millers and traders under the Open Market Sale Scheme (OMSS).

India imported 8,041 tonnes of onion in Sept-Nov: Thomas

Last Updated: Monday, December 09, 2013, 19:04

India imported more than 8,041 tonnes of onions during the period between September 1 and November 13 to contain the rise in the vegetable's prices, Parliament was informed Monday.

Food Min to move Cabinet on interest-free loans to sugar mills

Last Updated: Tuesday, November 26, 2013, 17:59

The Food Ministry will soon seek Cabinet nod for providing interest-free loans to cash-starved sugar mills to help them meet working capital requirements.

Govt cuts wheat MEP to $260 a tonne

Last Updated: Wednesday, October 30, 2013, 18:55

The government on Wednesday reduced the minimum export price of wheat by USD 40 per tonne to USD 260 per tonne as it found no buyer at the higher floor price of USD 300.