Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6803085e27614-trace').style.display = (document.getElementById('cakeErr6803085e27614-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr6803085e27614-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6803085e27614-code').style.display = (document.getElementById('cakeErr6803085e27614-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr6803085e27614-context').style.display = (document.getElementById('cakeErr6803085e27614-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr6803085e27614-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
</span></span></code>
<span class="code-highlight"><code><span style="color: #000000">&nbsp;&nbsp;&nbsp;&nbsp;&lt;link&nbsp;rel="canonical"&nbsp;href="<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">);&nbsp;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">category</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">slug</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>/<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">seo_url</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>.html"/&gt;
</span></code></span>
<code><span style="color: #000000"><span style="color: #0000BB">&nbsp;&nbsp;&nbsp;&nbsp;</span><span style="color: #007700">&lt;</span><span style="color: #0000BB">meta&nbsp;http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type"&nbsp;</span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html;&nbsp;charset=utf-8"</span><span style="color: #007700">/&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Admitting to irregularities in the export of non-basmati rice to some African countries during UPA-I tenure, the government on Friday said it has referred the matter to the CVC after slapping show-cause notices on officials of PSUs, involved in the transactions.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The action follows an internal enquiry by the Department of Commerce which found that &amp;quot;the exporting public sector units did not follow the transparent procedure for selection of domestic associates or determination of the price at which the rice was exported,&amp;quot; Commerce Minister Anand Sharma said in the Lok Sabha.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Significantly, these transactions were completed during December 2007-March 2009, when the commerce ministry was headed by the incumbent Road Transport and Highways Minister Kamal Nath.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The government had banned export of non-basmati rice in the wake of escalating prices in the domestic market. However, on diplomatic grounds, it allowed export of limited quantity to some African and the least developed countries.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;But the predetermined terms of contracts between foreign buyers and domestic suppliers (with small margins for the PSUs) led to &amp;quot;hugely disproportionate profits accruing to private parties, namely the foreign government nominated domestic suppliers in India,&amp;quot; Sharma said.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The lack of due diligence on the part of officials resulted in a &amp;quot;denial of the legitimate profits of the PSUs,&amp;quot; he said, adding that all records have been forwarded to the Central Vigilance Commission.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The enquiry was ordered following questions on the integrity of the process of relaxation of export ban on diplomatic ground, he said in a statement amidst din.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;STC, MMTC and PEC are the three PSUs which take up the job of export-import on behalf of the government.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Sharma said all documents proved that PSUs were to be exporters only for record sake and operated on a meagre trading margin ranging between 1 per cent and 1.5 per cent.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Though the government had authorised the release of 1.35 million tonnes, the actual quantity exported was only about 122,000 tonnes.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The commodity was exported to Comoros, Ghana, Madagascar, Mauritius and Sierra Leone.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;With the exception of Mauritius, the PSUs did not follow the transparent rules for selection of domestic associates for determination of export price, he said.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;In all the cases except Mauritius, an agency was nominated by the importing country and a domestic supplier was selected in India without involving the PSUs.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Sharma said in lifting the ban on exports (for limited purpose) and giving right to export solely to the PSUs, the government recognised that commercial profits would accrue to the state-owned firms because of large differential between the domestic and international prices.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;But the PSU officials did not exercise due diligence. &amp;quot;At a minimum, the concerned officials erred in exercising sound commercial judgement,&amp;quot; he said.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The show cause notices to them have sought explanation for &amp;quot;abrogating their responsibility leading to non-realisation of public policy goals. Further action will follow . . .&amp;quot;&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Sharma said detailed guidelines have been issued by the Directorate General of Foreign Trade to prevent recurrence of such incidents.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
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Admitting to irregularities in the export of non-basmati rice to some African countries during UPA-I tenure, the government on Friday said it has referred the matter to the CVC after slapping show-cause notices on officials of PSUs, involved in the...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;&lt;font &gt;Admitting to irregularities in the export of non-basmati rice to some African countries during UPA-I tenure, the government on Friday said it has referred the matter to the CVC after slapping show-cause notices on officials of PSUs, involved in the transactions.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;The action follows an internal enquiry by the Department of Commerce which found that &amp;quot;the exporting public sector units did not follow the transparent procedure for selection of domestic associates or determination of the price at which the rice was exported,&amp;quot; Commerce Minister Anand Sharma said in the Lok Sabha.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;Significantly, these transactions were completed during December 2007-March 2009, when the commerce ministry was headed by the incumbent Road Transport and Highways Minister Kamal Nath.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;The government had banned export of non-basmati rice in the wake of escalating prices in the domestic market. However, on diplomatic grounds, it allowed export of limited quantity to some African and the least developed countries.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;But the predetermined terms of contracts between foreign buyers and domestic suppliers (with small margins for the PSUs) led to &amp;quot;hugely disproportionate profits accruing to private parties, namely the foreign government nominated domestic suppliers in India,&amp;quot; Sharma said.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;The lack of due diligence on the part of officials resulted in a &amp;quot;denial of the legitimate profits of the PSUs,&amp;quot; he said, adding that all records have been forwarded to the Central Vigilance Commission.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;The enquiry was ordered following questions on the integrity of the process of relaxation of export ban on diplomatic ground, he said in a statement amidst din.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;STC, MMTC and PEC are the three PSUs which take up the job of export-import on behalf of the government.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;Sharma said all documents proved that PSUs were to be exporters only for record sake and operated on a meagre trading margin ranging between 1 per cent and 1.5 per cent.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;Though the government had authorised the release of 1.35 million tonnes, the actual quantity exported was only about 122,000 tonnes.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;The commodity was exported to Comoros, Ghana, Madagascar, Mauritius and Sierra Leone.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;With the exception of Mauritius, the PSUs did not follow the transparent rules for selection of domestic associates for determination of export price, he said.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;In all the cases except Mauritius, an agency was nominated by the importing country and a domestic supplier was selected in India without involving the PSUs.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;Sharma said in lifting the ban on exports (for limited purpose) and giving right to export solely to the PSUs, the government recognised that commercial profits would accrue to the state-owned firms because of large differential between the domestic and international prices.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;But the PSU officials did not exercise due diligence. &amp;quot;At a minimum, the concerned officials erred in exercising sound commercial judgement,&amp;quot; he said.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;The show cause notices to them have sought explanation for &amp;quot;abrogating their responsibility leading to non-realisation of public policy goals. Further action will follow . . .&amp;quot;&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;Besides, private companies involved in the transactions have been blacklisted. The PSUs have been asked not to do business with them.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;Sharma said detailed guidelines have been issued by the Directorate General of Foreign Trade to prevent recurrence of such incidents.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;/div&gt;&#039;,
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	&#039;description&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Admitting to irregularities in the export of non-basmati rice to some African countries during UPA-I tenure, the government on Friday said it has referred the matter to the CVC after slapping show-cause notices on officials of PSUs, involved in the transactions.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The action follows an internal enquiry by the Department of Commerce which found that &amp;quot;the exporting public sector units did not follow the transparent procedure for selection of domestic associates or determination of the price at which the rice was exported,&amp;quot; Commerce Minister Anand Sharma said in the Lok Sabha.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Significantly, these transactions were completed during December 2007-March 2009, when the commerce ministry was headed by the incumbent Road Transport and Highways Minister Kamal Nath.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The government had banned export of non-basmati rice in the wake of escalating prices in the domestic market. However, on diplomatic grounds, it allowed export of limited quantity to some African and the least developed countries.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;But the predetermined terms of contracts between foreign buyers and domestic suppliers (with small margins for the PSUs) led to &amp;quot;hugely disproportionate profits accruing to private parties, namely the foreign government nominated domestic suppliers in India,&amp;quot; Sharma said.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The lack of due diligence on the part of officials resulted in a &amp;quot;denial of the legitimate profits of the PSUs,&amp;quot; he said, adding that all records have been forwarded to the Central Vigilance Commission.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The enquiry was ordered following questions on the integrity of the process of relaxation of export ban on diplomatic ground, he said in a statement amidst din.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;STC, MMTC and PEC are the three PSUs which take up the job of export-import on behalf of the government.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Sharma said all documents proved that PSUs were to be exporters only for record sake and operated on a meagre trading margin ranging between 1 per cent and 1.5 per cent.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Though the government had authorised the release of 1.35 million tonnes, the actual quantity exported was only about 122,000 tonnes.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The commodity was exported to Comoros, Ghana, Madagascar, Mauritius and Sierra Leone.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;With the exception of Mauritius, the PSUs did not follow the transparent rules for selection of domestic associates for determination of export price, he said.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;In all the cases except Mauritius, an agency was nominated by the importing country and a domestic supplier was selected in India without involving the PSUs.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Sharma said in lifting the ban on exports (for limited purpose) and giving right to export solely to the PSUs, the government recognised that commercial profits would accrue to the state-owned firms because of large differential between the domestic and international prices.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;But the PSU officials did not exercise due diligence. &amp;quot;At a minimum, the concerned officials erred in exercising sound commercial judgement,&amp;quot; he said.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The show cause notices to them have sought explanation for &amp;quot;abrogating their responsibility leading to non-realisation of public policy goals. Further action will follow . . .&amp;quot;&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Besides, private companies involved in the transactions have been blacklisted. The PSUs have been asked not to do business with them.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Sharma said detailed guidelines have been issued by the Directorate General of Foreign Trade to prevent recurrence of such incidents.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;/div&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;Rediff.com, 19 November, 2010, http://www.rediff.com/business/slide-show/slide-show-1-now-govt-admits-to-irregularities-in-rice-exports/20101119.htm&#039;,
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Admitting to irregularities in the export of non-basmati rice to some African countries during UPA-I tenure, the government on Friday said it has referred the matter to the CVC after slapping show-cause notices on officials of PSUs, involved in the...&#039;
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                <strong>Now, a basmati rice export scam</strong></h1>
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                <div align="justify"><font >Admitting to irregularities in the export of non-basmati rice to some African countries during UPA-I tenure, the government on Friday said it has referred the matter to the CVC after slapping show-cause notices on officials of PSUs, involved in the transactions.</font><br /><br /><font >The action follows an internal enquiry by the Department of Commerce which found that &quot;the exporting public sector units did not follow the transparent procedure for selection of domestic associates or determination of the price at which the rice was exported,&quot; Commerce Minister Anand Sharma said in the Lok Sabha.</font><br /><br /><font >Significantly, these transactions were completed during December 2007-March 2009, when the commerce ministry was headed by the incumbent Road Transport and Highways Minister Kamal Nath.</font><br /><br /><font >The government had banned export of non-basmati rice in the wake of escalating prices in the domestic market. However, on diplomatic grounds, it allowed export of limited quantity to some African and the least developed countries.</font><br /><br /><font >But the predetermined terms of contracts between foreign buyers and domestic suppliers (with small margins for the PSUs) led to &quot;hugely disproportionate profits accruing to private parties, namely the foreign government nominated domestic suppliers in India,&quot; Sharma said.</font><br /><br /><font >The lack of due diligence on the part of officials resulted in a &quot;denial of the legitimate profits of the PSUs,&quot; he said, adding that all records have been forwarded to the Central Vigilance Commission.</font><br /><br /><font >The enquiry was ordered following questions on the integrity of the process of relaxation of export ban on diplomatic ground, he said in a statement amidst din.</font><br /><br /><font >STC, MMTC and PEC are the three PSUs which take up the job of export-import on behalf of the government.</font><br /><br /><font >Sharma said all documents proved that PSUs were to be exporters only for record sake and operated on a meagre trading margin ranging between 1 per cent and 1.5 per cent.</font><br /><br /><font >Though the government had authorised the release of 1.35 million tonnes, the actual quantity exported was only about 122,000 tonnes.</font><br /><br /><font >The commodity was exported to Comoros, Ghana, Madagascar, Mauritius and Sierra Leone.</font><br /><br /><font >With the exception of Mauritius, the PSUs did not follow the transparent rules for selection of domestic associates for determination of export price, he said.</font><br /><br /><font >In all the cases except Mauritius, an agency was nominated by the importing country and a domestic supplier was selected in India without involving the PSUs.</font><br /><br /><font >Sharma said in lifting the ban on exports (for limited purpose) and giving right to export solely to the PSUs, the government recognised that commercial profits would accrue to the state-owned firms because of large differential between the domestic and international prices.</font><br /><br /><font >But the PSU officials did not exercise due diligence. &quot;At a minimum, the concerned officials erred in exercising sound commercial judgement,&quot; he said.</font><br /><br /><font >The show cause notices to them have sought explanation for &quot;abrogating their responsibility leading to non-realisation of public policy goals. Further action will follow . . .&quot;</font><br /><br /><font >Besides, private companies involved in the transactions have been blacklisted. The PSUs have been asked not to do business with them.</font><br /><br /><font >Sharma said detailed guidelines have been issued by the Directorate General of Foreign Trade to prevent recurrence of such incidents.</font><br /><br /></div>               </font>
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Admitting to irregularities in the export of non-basmati rice to some African countries during UPA-I tenure, the government on Friday said it has referred the matter to the CVC after slapping show-cause notices on officials of PSUs, involved in the transactions.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The action follows an internal enquiry by the Department of Commerce which found that &amp;quot;the exporting public sector units did not follow the transparent procedure for selection of domestic associates or determination of the price at which the rice was exported,&amp;quot; Commerce Minister Anand Sharma said in the Lok Sabha.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Significantly, these transactions were completed during December 2007-March 2009, when the commerce ministry was headed by the incumbent Road Transport and Highways Minister Kamal Nath.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The government had banned export of non-basmati rice in the wake of escalating prices in the domestic market. However, on diplomatic grounds, it allowed export of limited quantity to some African and the least developed countries.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;But the predetermined terms of contracts between foreign buyers and domestic suppliers (with small margins for the PSUs) led to &amp;quot;hugely disproportionate profits accruing to private parties, namely the foreign government nominated domestic suppliers in India,&amp;quot; Sharma said.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The lack of due diligence on the part of officials resulted in a &amp;quot;denial of the legitimate profits of the PSUs,&amp;quot; he said, adding that all records have been forwarded to the Central Vigilance Commission.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The enquiry was ordered following questions on the integrity of the process of relaxation of export ban on diplomatic ground, he said in a statement amidst din.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;STC, MMTC and PEC are the three PSUs which take up the job of export-import on behalf of the government.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Sharma said all documents proved that PSUs were to be exporters only for record sake and operated on a meagre trading margin ranging between 1 per cent and 1.5 per cent.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Though the government had authorised the release of 1.35 million tonnes, the actual quantity exported was only about 122,000 tonnes.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The commodity was exported to Comoros, Ghana, Madagascar, Mauritius and Sierra Leone.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;With the exception of Mauritius, the PSUs did not follow the transparent rules for selection of domestic associates for determination of export price, he said.&lt;/font&gt;&lt;br /&gt;
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&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Sharma said in lifting the ban on exports (for limited purpose) and giving right to export solely to the PSUs, the government recognised that commercial profits would accrue to the state-owned firms because of large differential between the domestic and international prices.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;But the PSU officials did not exercise due diligence. &amp;quot;At a minimum, the concerned officials erred in exercising sound commercial judgement,&amp;quot; he said.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The show cause notices to them have sought explanation for &amp;quot;abrogating their responsibility leading to non-realisation of public policy goals. Further action will follow . . .&amp;quot;&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Admitting to irregularities in the export of non-basmati rice to some African countries during UPA-I tenure, the government on Friday said it has referred the matter to the CVC after slapping show-cause notices on officials of PSUs, involved in the transactions.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The action follows an internal enquiry by the Department of Commerce which found that &amp;quot;the exporting public sector units did not follow the transparent procedure for selection of domestic associates or determination of the price at which the rice was exported,&amp;quot; Commerce Minister Anand Sharma said in the Lok Sabha.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Significantly, these transactions were completed during December 2007-March 2009, when the commerce ministry was headed by the incumbent Road Transport and Highways Minister Kamal Nath.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The government had banned export of non-basmati rice in the wake of escalating prices in the domestic market. However, on diplomatic grounds, it allowed export of limited quantity to some African and the least developed countries.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;But the predetermined terms of contracts between foreign buyers and domestic suppliers (with small margins for the PSUs) led to &amp;quot;hugely disproportionate profits accruing to private parties, namely the foreign government nominated domestic suppliers in India,&amp;quot; Sharma said.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The lack of due diligence on the part of officials resulted in a &amp;quot;denial of the legitimate profits of the PSUs,&amp;quot; he said, adding that all records have been forwarded to the Central Vigilance Commission.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The enquiry was ordered following questions on the integrity of the process of relaxation of export ban on diplomatic ground, he said in a statement amidst din.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;STC, MMTC and PEC are the three PSUs which take up the job of export-import on behalf of the government.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Sharma said all documents proved that PSUs were to be exporters only for record sake and operated on a meagre trading margin ranging between 1 per cent and 1.5 per cent.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Though the government had authorised the release of 1.35 million tonnes, the actual quantity exported was only about 122,000 tonnes.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The commodity was exported to Comoros, Ghana, Madagascar, Mauritius and Sierra Leone.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;With the exception of Mauritius, the PSUs did not follow the transparent rules for selection of domestic associates for determination of export price, he said.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;In all the cases except Mauritius, an agency was nominated by the importing country and a domestic supplier was selected in India without involving the PSUs.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Sharma said in lifting the ban on exports (for limited purpose) and giving right to export solely to the PSUs, the government recognised that commercial profits would accrue to the state-owned firms because of large differential between the domestic and international prices.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;But the PSU officials did not exercise due diligence. &amp;quot;At a minimum, the concerned officials erred in exercising sound commercial judgement,&amp;quot; he said.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The show cause notices to them have sought explanation for &amp;quot;abrogating their responsibility leading to non-realisation of public policy goals. Further action will follow . . .&amp;quot;&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Besides, private companies involved in the transactions have been blacklisted. The PSUs have been asked not to do business with them.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Sharma said detailed guidelines have been issued by the Directorate General of Foreign Trade to prevent recurrence of such incidents.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
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Admitting to irregularities in the export of non-basmati rice to some African countries during UPA-I tenure, the government on Friday said it has referred the matter to the CVC after slapping show-cause notices on officials of PSUs, involved in the...&#039;
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                <strong>Now, a basmati rice export scam</strong></h1>
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                <div align="justify"><font >Admitting to irregularities in the export of non-basmati rice to some African countries during UPA-I tenure, the government on Friday said it has referred the matter to the CVC after slapping show-cause notices on officials of PSUs, involved in the transactions.</font><br /><br /><font >The action follows an internal enquiry by the Department of Commerce which found that &quot;the exporting public sector units did not follow the transparent procedure for selection of domestic associates or determination of the price at which the rice was exported,&quot; Commerce Minister Anand Sharma said in the Lok Sabha.</font><br /><br /><font >Significantly, these transactions were completed during December 2007-March 2009, when the commerce ministry was headed by the incumbent Road Transport and Highways Minister Kamal Nath.</font><br /><br /><font >The government had banned export of non-basmati rice in the wake of escalating prices in the domestic market. However, on diplomatic grounds, it allowed export of limited quantity to some African and the least developed countries.</font><br /><br /><font >But the predetermined terms of contracts between foreign buyers and domestic suppliers (with small margins for the PSUs) led to &quot;hugely disproportionate profits accruing to private parties, namely the foreign government nominated domestic suppliers in India,&quot; Sharma said.</font><br /><br /><font >The lack of due diligence on the part of officials resulted in a &quot;denial of the legitimate profits of the PSUs,&quot; he said, adding that all records have been forwarded to the Central Vigilance Commission.</font><br /><br /><font >The enquiry was ordered following questions on the integrity of the process of relaxation of export ban on diplomatic ground, he said in a statement amidst din.</font><br /><br /><font >STC, MMTC and PEC are the three PSUs which take up the job of export-import on behalf of the government.</font><br /><br /><font >Sharma said all documents proved that PSUs were to be exporters only for record sake and operated on a meagre trading margin ranging between 1 per cent and 1.5 per cent.</font><br /><br /><font >Though the government had authorised the release of 1.35 million tonnes, the actual quantity exported was only about 122,000 tonnes.</font><br /><br /><font >The commodity was exported to Comoros, Ghana, Madagascar, Mauritius and Sierra Leone.</font><br /><br /><font >With the exception of Mauritius, the PSUs did not follow the transparent rules for selection of domestic associates for determination of export price, he said.</font><br /><br /><font >In all the cases except Mauritius, an agency was nominated by the importing country and a domestic supplier was selected in India without involving the PSUs.</font><br /><br /><font >Sharma said in lifting the ban on exports (for limited purpose) and giving right to export solely to the PSUs, the government recognised that commercial profits would accrue to the state-owned firms because of large differential between the domestic and international prices.</font><br /><br /><font >But the PSU officials did not exercise due diligence. &quot;At a minimum, the concerned officials erred in exercising sound commercial judgement,&quot; he said.</font><br /><br /><font >The show cause notices to them have sought explanation for &quot;abrogating their responsibility leading to non-realisation of public policy goals. Further action will follow . . .&quot;</font><br /><br /><font >Besides, private companies involved in the transactions have been blacklisted. The PSUs have been asked not to do business with them.</font><br /><br /><font >Sharma said detailed guidelines have been issued by the Directorate General of Foreign Trade to prevent recurrence of such incidents.</font><br /><br /></div>               </font>
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    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6803085e27614-trace').style.display = (document.getElementById('cakeErr6803085e27614-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr6803085e27614-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6803085e27614-code').style.display = (document.getElementById('cakeErr6803085e27614-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr6803085e27614-context').style.display = (document.getElementById('cakeErr6803085e27614-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr6803085e27614-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
</span></span></code>
<span class="code-highlight"><code><span style="color: #000000">&nbsp;&nbsp;&nbsp;&nbsp;&lt;link&nbsp;rel="canonical"&nbsp;href="<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">);&nbsp;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">category</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">slug</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>/<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">seo_url</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>.html"/&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Admitting to irregularities in the export of non-basmati rice to some African countries during UPA-I tenure, the government on Friday said it has referred the matter to the CVC after slapping show-cause notices on officials of PSUs, involved in the transactions.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The action follows an internal enquiry by the Department of Commerce which found that &amp;quot;the exporting public sector units did not follow the transparent procedure for selection of domestic associates or determination of the price at which the rice was exported,&amp;quot; Commerce Minister Anand Sharma said in the Lok Sabha.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Significantly, these transactions were completed during December 2007-March 2009, when the commerce ministry was headed by the incumbent Road Transport and Highways Minister Kamal Nath.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The government had banned export of non-basmati rice in the wake of escalating prices in the domestic market. However, on diplomatic grounds, it allowed export of limited quantity to some African and the least developed countries.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;But the predetermined terms of contracts between foreign buyers and domestic suppliers (with small margins for the PSUs) led to &amp;quot;hugely disproportionate profits accruing to private parties, namely the foreign government nominated domestic suppliers in India,&amp;quot; Sharma said.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The lack of due diligence on the part of officials resulted in a &amp;quot;denial of the legitimate profits of the PSUs,&amp;quot; he said, adding that all records have been forwarded to the Central Vigilance Commission.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The enquiry was ordered following questions on the integrity of the process of relaxation of export ban on diplomatic ground, he said in a statement amidst din.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;STC, MMTC and PEC are the three PSUs which take up the job of export-import on behalf of the government.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Sharma said all documents proved that PSUs were to be exporters only for record sake and operated on a meagre trading margin ranging between 1 per cent and 1.5 per cent.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Though the government had authorised the release of 1.35 million tonnes, the actual quantity exported was only about 122,000 tonnes.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The commodity was exported to Comoros, Ghana, Madagascar, Mauritius and Sierra Leone.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;With the exception of Mauritius, the PSUs did not follow the transparent rules for selection of domestic associates for determination of export price, he said.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;In all the cases except Mauritius, an agency was nominated by the importing country and a domestic supplier was selected in India without involving the PSUs.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Sharma said in lifting the ban on exports (for limited purpose) and giving right to export solely to the PSUs, the government recognised that commercial profits would accrue to the state-owned firms because of large differential between the domestic and international prices.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;But the PSU officials did not exercise due diligence. &amp;quot;At a minimum, the concerned officials erred in exercising sound commercial judgement,&amp;quot; he said.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The show cause notices to them have sought explanation for &amp;quot;abrogating their responsibility leading to non-realisation of public policy goals. Further action will follow . . .&amp;quot;&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Sharma said detailed guidelines have been issued by the Directorate General of Foreign Trade to prevent recurrence of such incidents.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
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Admitting to irregularities in the export of non-basmati rice to some African countries during UPA-I tenure, the government on Friday said it has referred the matter to the CVC after slapping show-cause notices on officials of PSUs, involved in the...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;&lt;font &gt;Admitting to irregularities in the export of non-basmati rice to some African countries during UPA-I tenure, the government on Friday said it has referred the matter to the CVC after slapping show-cause notices on officials of PSUs, involved in the transactions.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;The action follows an internal enquiry by the Department of Commerce which found that &amp;quot;the exporting public sector units did not follow the transparent procedure for selection of domestic associates or determination of the price at which the rice was exported,&amp;quot; Commerce Minister Anand Sharma said in the Lok Sabha.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;Significantly, these transactions were completed during December 2007-March 2009, when the commerce ministry was headed by the incumbent Road Transport and Highways Minister Kamal Nath.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;The government had banned export of non-basmati rice in the wake of escalating prices in the domestic market. However, on diplomatic grounds, it allowed export of limited quantity to some African and the least developed countries.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;But the predetermined terms of contracts between foreign buyers and domestic suppliers (with small margins for the PSUs) led to &amp;quot;hugely disproportionate profits accruing to private parties, namely the foreign government nominated domestic suppliers in India,&amp;quot; Sharma said.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;The lack of due diligence on the part of officials resulted in a &amp;quot;denial of the legitimate profits of the PSUs,&amp;quot; he said, adding that all records have been forwarded to the Central Vigilance Commission.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;The enquiry was ordered following questions on the integrity of the process of relaxation of export ban on diplomatic ground, he said in a statement amidst din.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;STC, MMTC and PEC are the three PSUs which take up the job of export-import on behalf of the government.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;Sharma said all documents proved that PSUs were to be exporters only for record sake and operated on a meagre trading margin ranging between 1 per cent and 1.5 per cent.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;Though the government had authorised the release of 1.35 million tonnes, the actual quantity exported was only about 122,000 tonnes.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;The commodity was exported to Comoros, Ghana, Madagascar, Mauritius and Sierra Leone.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;With the exception of Mauritius, the PSUs did not follow the transparent rules for selection of domestic associates for determination of export price, he said.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;In all the cases except Mauritius, an agency was nominated by the importing country and a domestic supplier was selected in India without involving the PSUs.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;Sharma said in lifting the ban on exports (for limited purpose) and giving right to export solely to the PSUs, the government recognised that commercial profits would accrue to the state-owned firms because of large differential between the domestic and international prices.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;But the PSU officials did not exercise due diligence. &amp;quot;At a minimum, the concerned officials erred in exercising sound commercial judgement,&amp;quot; he said.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;The show cause notices to them have sought explanation for &amp;quot;abrogating their responsibility leading to non-realisation of public policy goals. Further action will follow . . .&amp;quot;&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;Besides, private companies involved in the transactions have been blacklisted. The PSUs have been asked not to do business with them.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;font &gt;Sharma said detailed guidelines have been issued by the Directorate General of Foreign Trade to prevent recurrence of such incidents.&lt;/font&gt;&lt;br /&gt;&lt;br /&gt;&lt;/div&gt;&#039;,
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	&#039;description&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Admitting to irregularities in the export of non-basmati rice to some African countries during UPA-I tenure, the government on Friday said it has referred the matter to the CVC after slapping show-cause notices on officials of PSUs, involved in the transactions.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The action follows an internal enquiry by the Department of Commerce which found that &amp;quot;the exporting public sector units did not follow the transparent procedure for selection of domestic associates or determination of the price at which the rice was exported,&amp;quot; Commerce Minister Anand Sharma said in the Lok Sabha.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Significantly, these transactions were completed during December 2007-March 2009, when the commerce ministry was headed by the incumbent Road Transport and Highways Minister Kamal Nath.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The government had banned export of non-basmati rice in the wake of escalating prices in the domestic market. However, on diplomatic grounds, it allowed export of limited quantity to some African and the least developed countries.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;But the predetermined terms of contracts between foreign buyers and domestic suppliers (with small margins for the PSUs) led to &amp;quot;hugely disproportionate profits accruing to private parties, namely the foreign government nominated domestic suppliers in India,&amp;quot; Sharma said.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The lack of due diligence on the part of officials resulted in a &amp;quot;denial of the legitimate profits of the PSUs,&amp;quot; he said, adding that all records have been forwarded to the Central Vigilance Commission.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The enquiry was ordered following questions on the integrity of the process of relaxation of export ban on diplomatic ground, he said in a statement amidst din.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;STC, MMTC and PEC are the three PSUs which take up the job of export-import on behalf of the government.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Sharma said all documents proved that PSUs were to be exporters only for record sake and operated on a meagre trading margin ranging between 1 per cent and 1.5 per cent.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Though the government had authorised the release of 1.35 million tonnes, the actual quantity exported was only about 122,000 tonnes.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The commodity was exported to Comoros, Ghana, Madagascar, Mauritius and Sierra Leone.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;With the exception of Mauritius, the PSUs did not follow the transparent rules for selection of domestic associates for determination of export price, he said.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;In all the cases except Mauritius, an agency was nominated by the importing country and a domestic supplier was selected in India without involving the PSUs.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Sharma said in lifting the ban on exports (for limited purpose) and giving right to export solely to the PSUs, the government recognised that commercial profits would accrue to the state-owned firms because of large differential between the domestic and international prices.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;But the PSU officials did not exercise due diligence. &amp;quot;At a minimum, the concerned officials erred in exercising sound commercial judgement,&amp;quot; he said.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The show cause notices to them have sought explanation for &amp;quot;abrogating their responsibility leading to non-realisation of public policy goals. Further action will follow . . .&amp;quot;&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Besides, private companies involved in the transactions have been blacklisted. The PSUs have been asked not to do business with them.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Sharma said detailed guidelines have been issued by the Directorate General of Foreign Trade to prevent recurrence of such incidents.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;/div&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;Rediff.com, 19 November, 2010, http://www.rediff.com/business/slide-show/slide-show-1-now-govt-admits-to-irregularities-in-rice-exports/20101119.htm&#039;,
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Admitting to irregularities in the export of non-basmati rice to some African countries during UPA-I tenure, the government on Friday said it has referred the matter to the CVC after slapping show-cause notices on officials of PSUs, involved in the...&#039;
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                <strong>Now, a basmati rice export scam</strong></h1>
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                <div align="justify"><font >Admitting to irregularities in the export of non-basmati rice to some African countries during UPA-I tenure, the government on Friday said it has referred the matter to the CVC after slapping show-cause notices on officials of PSUs, involved in the transactions.</font><br /><br /><font >The action follows an internal enquiry by the Department of Commerce which found that &quot;the exporting public sector units did not follow the transparent procedure for selection of domestic associates or determination of the price at which the rice was exported,&quot; Commerce Minister Anand Sharma said in the Lok Sabha.</font><br /><br /><font >Significantly, these transactions were completed during December 2007-March 2009, when the commerce ministry was headed by the incumbent Road Transport and Highways Minister Kamal Nath.</font><br /><br /><font >The government had banned export of non-basmati rice in the wake of escalating prices in the domestic market. However, on diplomatic grounds, it allowed export of limited quantity to some African and the least developed countries.</font><br /><br /><font >But the predetermined terms of contracts between foreign buyers and domestic suppliers (with small margins for the PSUs) led to &quot;hugely disproportionate profits accruing to private parties, namely the foreign government nominated domestic suppliers in India,&quot; Sharma said.</font><br /><br /><font >The lack of due diligence on the part of officials resulted in a &quot;denial of the legitimate profits of the PSUs,&quot; he said, adding that all records have been forwarded to the Central Vigilance Commission.</font><br /><br /><font >The enquiry was ordered following questions on the integrity of the process of relaxation of export ban on diplomatic ground, he said in a statement amidst din.</font><br /><br /><font >STC, MMTC and PEC are the three PSUs which take up the job of export-import on behalf of the government.</font><br /><br /><font >Sharma said all documents proved that PSUs were to be exporters only for record sake and operated on a meagre trading margin ranging between 1 per cent and 1.5 per cent.</font><br /><br /><font >Though the government had authorised the release of 1.35 million tonnes, the actual quantity exported was only about 122,000 tonnes.</font><br /><br /><font >The commodity was exported to Comoros, Ghana, Madagascar, Mauritius and Sierra Leone.</font><br /><br /><font >With the exception of Mauritius, the PSUs did not follow the transparent rules for selection of domestic associates for determination of export price, he said.</font><br /><br /><font >In all the cases except Mauritius, an agency was nominated by the importing country and a domestic supplier was selected in India without involving the PSUs.</font><br /><br /><font >Sharma said in lifting the ban on exports (for limited purpose) and giving right to export solely to the PSUs, the government recognised that commercial profits would accrue to the state-owned firms because of large differential between the domestic and international prices.</font><br /><br /><font >But the PSU officials did not exercise due diligence. &quot;At a minimum, the concerned officials erred in exercising sound commercial judgement,&quot; he said.</font><br /><br /><font >The show cause notices to them have sought explanation for &quot;abrogating their responsibility leading to non-realisation of public policy goals. Further action will follow . . .&quot;</font><br /><br /><font >Besides, private companies involved in the transactions have been blacklisted. The PSUs have been asked not to do business with them.</font><br /><br /><font >Sharma said detailed guidelines have been issued by the Directorate General of Foreign Trade to prevent recurrence of such incidents.</font><br /><br /></div>               </font>
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<font face="arial,helvetica,sans-serif" size="3">Admitting to irregularities in the export of non-basmati rice to some African countries during UPA-I tenure, the government on Friday said it has referred the matter to the CVC after slapping show-cause notices on officials of PSUs, involved in the transactions.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">The action follows an internal enquiry by the Department of Commerce which found that &quot;the exporting public sector units did not follow the transparent procedure for selection of domestic associates or determination of the price at which the rice was exported,&quot; Commerce Minister Anand Sharma said in the Lok Sabha.</font><br />
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<font face="arial,helvetica,sans-serif" size="3">Significantly, these transactions were completed during December 2007-March 2009, when the commerce ministry was headed by the incumbent Road Transport and Highways Minister Kamal Nath.</font><br />
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<font face="arial,helvetica,sans-serif" size="3">The government had banned export of non-basmati rice in the wake of escalating prices in the domestic market. However, on diplomatic grounds, it allowed export of limited quantity to some African and the least developed countries.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">But the predetermined terms of contracts between foreign buyers and domestic suppliers (with small margins for the PSUs) led to &quot;hugely disproportionate profits accruing to private parties, namely the foreign government nominated domestic suppliers in India,&quot; Sharma said.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">The lack of due diligence on the part of officials resulted in a &quot;denial of the legitimate profits of the PSUs,&quot; he said, adding that all records have been forwarded to the Central Vigilance Commission.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">The enquiry was ordered following questions on the integrity of the process of relaxation of export ban on diplomatic ground, he said in a statement amidst din.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">STC, MMTC and PEC are the three PSUs which take up the job of export-import on behalf of the government.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">Sharma said all documents proved that PSUs were to be exporters only for record sake and operated on a meagre trading margin ranging between 1 per cent and 1.5 per cent.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">Though the government had authorised the release of 1.35 million tonnes, the actual quantity exported was only about 122,000 tonnes.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">The commodity was exported to Comoros, Ghana, Madagascar, Mauritius and Sierra Leone.</font><br />
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<font face="arial,helvetica,sans-serif" size="3">With the exception of Mauritius, the PSUs did not follow the transparent rules for selection of domestic associates for determination of export price, he said.</font><br />
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<font face="arial,helvetica,sans-serif" size="3">In all the cases except Mauritius, an agency was nominated by the importing country and a domestic supplier was selected in India without involving the PSUs.</font><br />
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<font face="arial,helvetica,sans-serif" size="3">Sharma said in lifting the ban on exports (for limited purpose) and giving right to export solely to the PSUs, the government recognised that commercial profits would accrue to the state-owned firms because of large differential between the domestic and international prices.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">But the PSU officials did not exercise due diligence. &quot;At a minimum, the concerned officials erred in exercising sound commercial judgement,&quot; he said.</font><br />
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<font face="arial,helvetica,sans-serif" size="3">The show cause notices to them have sought explanation for &quot;abrogating their responsibility leading to non-realisation of public policy goals. Further action will follow . . .&quot;</font><br />
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<font face="arial,helvetica,sans-serif" size="3">Besides, private companies involved in the transactions have been blacklisted. The PSUs have been asked not to do business with them.</font><br />
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Admitting to irregularities in the export of non-basmati rice to some African countries during UPA-I tenure, the government on Friday said it has referred the matter to the CVC after slapping show-cause notices on officials of PSUs, involved in the...',
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<font face="arial,helvetica,sans-serif" size="3">Admitting to irregularities in the export of non-basmati rice to some African countries during UPA-I tenure, the government on Friday said it has referred the matter to the CVC after slapping show-cause notices on officials of PSUs, involved in the transactions.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">The action follows an internal enquiry by the Department of Commerce which found that &quot;the exporting public sector units did not follow the transparent procedure for selection of domestic associates or determination of the price at which the rice was exported,&quot; Commerce Minister Anand Sharma said in the Lok Sabha.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">Significantly, these transactions were completed during December 2007-March 2009, when the commerce ministry was headed by the incumbent Road Transport and Highways Minister Kamal Nath.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">The government had banned export of non-basmati rice in the wake of escalating prices in the domestic market. However, on diplomatic grounds, it allowed export of limited quantity to some African and the least developed countries.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">But the predetermined terms of contracts between foreign buyers and domestic suppliers (with small margins for the PSUs) led to &quot;hugely disproportionate profits accruing to private parties, namely the foreign government nominated domestic suppliers in India,&quot; Sharma said.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">The lack of due diligence on the part of officials resulted in a &quot;denial of the legitimate profits of the PSUs,&quot; he said, adding that all records have been forwarded to the Central Vigilance Commission.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">The enquiry was ordered following questions on the integrity of the process of relaxation of export ban on diplomatic ground, he said in a statement amidst din.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">STC, MMTC and PEC are the three PSUs which take up the job of export-import on behalf of the government.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">Sharma said all documents proved that PSUs were to be exporters only for record sake and operated on a meagre trading margin ranging between 1 per cent and 1.5 per cent.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">Though the government had authorised the release of 1.35 million tonnes, the actual quantity exported was only about 122,000 tonnes.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">The commodity was exported to Comoros, Ghana, Madagascar, Mauritius and Sierra Leone.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">With the exception of Mauritius, the PSUs did not follow the transparent rules for selection of domestic associates for determination of export price, he said.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">In all the cases except Mauritius, an agency was nominated by the importing country and a domestic supplier was selected in India without involving the PSUs.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">Sharma said in lifting the ban on exports (for limited purpose) and giving right to export solely to the PSUs, the government recognised that commercial profits would accrue to the state-owned firms because of large differential between the domestic and international prices.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">But the PSU officials did not exercise due diligence. &quot;At a minimum, the concerned officials erred in exercising sound commercial judgement,&quot; he said.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">The show cause notices to them have sought explanation for &quot;abrogating their responsibility leading to non-realisation of public policy goals. Further action will follow . . .&quot;</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">Besides, private companies involved in the transactions have been blacklisted. The PSUs have been asked not to do business with them.</font><br />
<br />
<font face="arial,helvetica,sans-serif" size="3">Sharma said detailed guidelines have been issued by the Directorate General of Foreign Trade to prevent recurrence of such incidents.</font><br />
<br />
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Admitting to irregularities in the export of non-basmati rice to some African countries during UPA-I tenure, the government on Friday said it has referred the matter to the CVC after slapping show-cause notices on officials of PSUs, involved in the...'
$disp = '<div align="justify"><font >Admitting to irregularities in the export of non-basmati rice to some African countries during UPA-I tenure, the government on Friday said it has referred the matter to the CVC after slapping show-cause notices on officials of PSUs, involved in the transactions.</font><br /><br /><font >The action follows an internal enquiry by the Department of Commerce which found that &quot;the exporting public sector units did not follow the transparent procedure for selection of domestic associates or determination of the price at which the rice was exported,&quot; Commerce Minister Anand Sharma said in the Lok Sabha.</font><br /><br /><font >Significantly, these transactions were completed during December 2007-March 2009, when the commerce ministry was headed by the incumbent Road Transport and Highways Minister Kamal Nath.</font><br /><br /><font >The government had banned export of non-basmati rice in the wake of escalating prices in the domestic market. However, on diplomatic grounds, it allowed export of limited quantity to some African and the least developed countries.</font><br /><br /><font >But the predetermined terms of contracts between foreign buyers and domestic suppliers (with small margins for the PSUs) led to &quot;hugely disproportionate profits accruing to private parties, namely the foreign government nominated domestic suppliers in India,&quot; Sharma said.</font><br /><br /><font >The lack of due diligence on the part of officials resulted in a &quot;denial of the legitimate profits of the PSUs,&quot; he said, adding that all records have been forwarded to the Central Vigilance Commission.</font><br /><br /><font >The enquiry was ordered following questions on the integrity of the process of relaxation of export ban on diplomatic ground, he said in a statement amidst din.</font><br /><br /><font >STC, MMTC and PEC are the three PSUs which take up the job of export-import on behalf of the government.</font><br /><br /><font >Sharma said all documents proved that PSUs were to be exporters only for record sake and operated on a meagre trading margin ranging between 1 per cent and 1.5 per cent.</font><br /><br /><font >Though the government had authorised the release of 1.35 million tonnes, the actual quantity exported was only about 122,000 tonnes.</font><br /><br /><font >The commodity was exported to Comoros, Ghana, Madagascar, Mauritius and Sierra Leone.</font><br /><br /><font >With the exception of Mauritius, the PSUs did not follow the transparent rules for selection of domestic associates for determination of export price, he said.</font><br /><br /><font >In all the cases except Mauritius, an agency was nominated by the importing country and a domestic supplier was selected in India without involving the PSUs.</font><br /><br /><font >Sharma said in lifting the ban on exports (for limited purpose) and giving right to export solely to the PSUs, the government recognised that commercial profits would accrue to the state-owned firms because of large differential between the domestic and international prices.</font><br /><br /><font >But the PSU officials did not exercise due diligence. &quot;At a minimum, the concerned officials erred in exercising sound commercial judgement,&quot; he said.</font><br /><br /><font >The show cause notices to them have sought explanation for &quot;abrogating their responsibility leading to non-realisation of public policy goals. Further action will follow . . .&quot;</font><br /><br /><font >Besides, private companies involved in the transactions have been blacklisted. The PSUs have been asked not to do business with them.</font><br /><br /><font >Sharma said detailed guidelines have been issued by the Directorate General of Foreign Trade to prevent recurrence of such incidents.</font><br /><br /></div>'
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Now, a basmati rice export scam

Admitting to irregularities in the export of non-basmati rice to some African countries during UPA-I tenure, the government on Friday said it has referred the matter to the CVC after slapping show-cause notices on officials of PSUs, involved in the transactions. The action follows an internal enquiry by the Department of Commerce which found that "the exporting public sector units did not follow the transparent procedure for selection of domestic associates or determination of the price at which the rice was exported," Commerce Minister Anand Sharma said in the Lok Sabha. Significantly, these transactions were completed during December 2007-March 2009, when the commerce ministry was headed by the incumbent Road Transport and Highways Minister Kamal Nath. The government had banned export of non-basmati rice in the wake of escalating prices in the domestic market. However, on diplomatic grounds, it allowed export of limited quantity to some African and the least developed countries. But the predetermined terms of contracts between foreign buyers and domestic suppliers (with small margins for the PSUs) led to "hugely disproportionate profits accruing to private parties, namely the foreign government nominated domestic suppliers in India," Sharma said. The lack of due diligence on the part of officials resulted in a "denial of the legitimate profits of the PSUs," he said, adding that all records have been forwarded to the Central Vigilance Commission. The enquiry was ordered following questions on the integrity of the process of relaxation of export ban on diplomatic ground, he said in a statement amidst din. STC, MMTC and PEC are the three PSUs which take up the job of export-import on behalf of the government. Sharma said all documents proved that PSUs were to be exporters only for record sake and operated on a meagre trading margin ranging between 1 per cent and 1.5 per cent. Though the government had authorised the release of 1.35 million tonnes, the actual quantity exported was only about 122,000 tonnes. The commodity was exported to Comoros, Ghana, Madagascar, Mauritius and Sierra Leone. With the exception of Mauritius, the PSUs did not follow the transparent rules for selection of domestic associates for determination of export price, he said. In all the cases except Mauritius, an agency was nominated by the importing country and a domestic supplier was selected in India without involving the PSUs. Sharma said in lifting the ban on exports (for limited purpose) and giving right to export solely to the PSUs, the government recognised that commercial profits would accrue to the state-owned firms because of large differential between the domestic and international prices. But the PSU officials did not exercise due diligence. "At a minimum, the concerned officials erred in exercising sound commercial judgement," he said. The show cause notices to them have sought explanation for "abrogating their responsibility leading to non-realisation of public policy goals. Further action will follow . . ." Besides, private companies involved in the transactions have been blacklisted. The PSUs have been asked not to do business with them. Sharma said detailed guidelines have been issued by the Directorate General of Foreign Trade to prevent recurrence of such incidents.