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Time to rethink India’s rice policy -Prerna Sharma

-The Hindu Business Line Govt’s production and distribution processes are out of sync with consumption patterns Of late, with growing income and awareness about nutritious food, there has been a noticeable decrease in the consumption of rice (a high-carb food) in Indian households. This change in consumption pattern, however, is not reflected in India’s agriculture policy which continues to revolve around rice and wheat. Moreover, current policies related to production, procurement, storage...

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Punjab foodgrain scam: Top bankers say could stop lending to state

-PTI The decision was taken by a consortium of banks which held a meeting in New Delhi. Some thirty odd bankers led by State Bank of India, which are staring at heavy losses to the tune of Rs 12,000 crore from the unfolding food scam in Punjab, on Monday discussed all options, including to stop lending to the state government. The decision was taken by a consortium of banks which held a meeting...

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Government slams ‘factually incorrect’ Assocham wheat report -Vishwa Mohan

-The Times of India NEW DELHI: The government on Saturday slammed the country's trade association Associated Chambers of Commerce of India (Assocham) for releasing a "factually incorrect" report estimating lower wheat production in India and said "such incorrect information is being publicized with a view to compel government to reduce import duty on wheat." The Associated Chambers of Commerce and Industry of India (Assocham) recently came out with a paper, claiming that...

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PDS all set to reap digital dividend -Sandip Das

-The Financial Express With almost all ration cards in the country digitised and 40% seeded with Aadhaar, several states have now installed electronic point of sale (ePOS) devices at their fair price shops (FPSs). With almost all ration cards in the country digitised and 40% seeded with Aadhaar, several states have now installed electronic point of sale (ePOS) devices at their fair price shops (FPSs). The ePOS devices that track the...

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CCEA approves creation of buffer stock of pulses -Vikas Vasudeva

-The Hindu In a bid to keep pulses price under check, that went sky-rocketing during past few months, the Centre has now decided to create buffer stock of pulses. The Cabinet Committee on Economic Affairs (CCEA) on Wednesday gave its approval for creation of buffer stock of pulses. The buffer stock will be created in current year itself. In its meeting held here, the CCEA has approved procurement of about 50,000 ton pulses...

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