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Govt to introduce new product PRIcing rules that bar sales over MRP

-The Hindu From January 1, 2018, the PRIce of a packaged goods would no longer depend on where you bought it – be it a local kirana store, a mall, a five-star hotel or an airport. The Consumer Affairs ministry has amended the rules that govern packaged commodities to this effect. As per the amended Legal Metrology rules for packaged commodities that will come into effect from the next calendar year, the...

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Finance Ministry aims to set up anti-profiteering body by August -Surabhi

-The Hindu Business Line Firms seen to be largely cooperating New Delhi: To clear confusion over the new PRIces of items under the Goods and Services Tax, the Finance Ministry is working to set up a National Anti-Profiteering Authority to curb any unwarranted PRIce hikes. “The process for selection of members and the Chairman will start soon. We are working to ensure that the authority can be set up by early next month,...

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Govt bans practice of dual MRP at airports, malls -Bella Jaisinghani

-The Times of India MUMBAI: The Union ministry of consumer affairs on Thursday decided to ban the 'dual' MRP policy, a practice through which sellers charge a higher MRP for their products in certain spaces like malls, airports and hotels. As per the order, which comes into force starting January 1, 2018, companies will not be allowed to charge a different PRIce for water, soft drinks or snacks at premium locations. The decision...

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No fingerPRInts, no ration for lepers -Parveen Arora

-The Tribune Online public distribution system does not recognise beneficiary Karnal: The online public distribution system has become a hurdle for 65 leprosy-affected families in Indra Chakravarti Gram on the outskirts of Karnal as they are unable to get ration through this system. Most of them have lost their fingers due to the disease while the fingers of others have no PRInts. The affected families have raised the issue with the District Food...

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Is direct benefit transfer really a panacea for the rural poor? -Sanjiv Phansalkar

-VillageSquare.in Given the complex and varied situations in rural India, the results of the direct benefit transfer method are so far mixed at best and debilitating at worst, as seen in the subsidies for farm equipment and fertilizers Direct benefit transfer (DBT), a system through which government programs transfer funds directly to bank accounts of beneficiaries, is hailed as a major intervention that is expected to cut a whole lot of misdirection...

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