-The Economic Times At a time when the Rangarajan committee is giving final touches to its recommendations on sugar deregularisation, The Union food ministry has come up with two proposals for fixing new Retail price of sugar sold in ration shops (levy sugar) to reduce the food subsidy bill. According to the first proposal, the food ministry has recommended to free up the prices of levy sugar and allow state governments to...
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Monsoon revival unlikely to boost food production; food prices likely to go up- Rituraj Tiwari
-The Economic Times A late revival of monsoon may have narrowed the rain deficit to single digit (9%) but it is unlikely to help boost food grains production. "There would be a decline in the overall food grains production. There would be some drop in the production of pulses and coarse cereals," said Agriculture Secretary Ashish Bahuguna. He said the indication will start coming after the first advance estimates of the kharif...
More »Petrol to cost Rs 5 more this weekend; diesel, cooking gas to follow soon-Piyush Pandey
-The Times of India State-owned oil marketing companies (OMCs) are all set to increase price of petrol by Rs 5 a litre with effect from Saturday, while the prices of diesel, cooking gas and kerosene will be increased next week once Congress president Sonia Gandhi returns after her medical checkup on September 10. A cabinet note on increasing the prices of sensitive petroleum products like diesel, cooking gas and kerosene has already...
More »Pricing of imported drugs under regulatory scanner-Khomba Singh
-The Economic Times India's drug price regulator has initiated a process to end the 16-year freedom enjoyed by foreign drug makers to fix the Retail price of their imported medicines in the country. The National Pharmaceutical Pricing Authority (NPPA) has written to the department of pharmaceuticals to amend the Drugs (Prices Control) Order of 1995, its chairman CP Singh told ET. The amendment will allow NPPA to seek details of the methodology adopted...
More »‘FDI in retail sector will help farmers’
-The Hindu They will be able to secure a premium price for their produce, says Chief Minister Chief Minister N. Kiran Kumar Reddy on Wednesday said foreign direct investment (FDI) in the retail sector would help farmers secure a premium price notwithstanding the controversy surrounding the Central policy matter. Addressing a meeting after inaugurating a godown at the Agriculture Market Yard here, Mr. Kiran Kumar Reddy said an investment of Rs. 500 crore...
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