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CCEA okays sale of 10.5 mn tonne FCI foodgrains in open market

-PTI NEW DELHI: The Cabinet Committee on Economic Affairs (CCEA) today cleared the Food Ministry's proposal to offload 10.5 million tonnes of FCI foodgrains in the open market to control Retail prices. However, the proposal on allowing extra 2 million tonnes of wheat export through public sector trading agencies was not listed on the CCEA agenda for discussion. "The CCEA has approved allocation of 10 million tonnes of wheat and 0.5 million tonnes...

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New farm-fresh veggie outlets in Chennai's suburbs sell out on day 1 -K Manikandan

-The Hindu The outlets in the city's immediate southern suburbs and one in Porur boast of a huge price difference of locally-available vegetables compared to those in other markets Chennai: Residents cutting across the social and economic spectrum flocked to the farm-fresh consumer outlets in the city's suburbs on Thursday, soon after their inauguration earlier in the day. Chief Minister Jayalalithaa launched 31 ‘Pannai Pasumai Nugarvor Kootturavu Kadai' through video-conferencing from the Secretariat....

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Uttarakhand floods may increase vegetable prices

-The Times of India NEW DELHI: The prices of vegetables and fruits are likely to go up in Delhi as supplies from Uttarakhand and neighbouring areas have been affected due to the recent floods. The Yamuna flood plain - a major source of vegetables and fruits in the capital - has been washed away completely. "We get 7-8 tempos of watermelons, cauliflower, spinach and bottle gourds from farmers in the Yamuna belt...

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Use Aadhaar and EMV both for Retail payments

-The Economic Times An RBI-appointed panel of bankers will decide on the appropriate technology for Retail payments in a month. And the choice is reportedly between Aadhaar, the biometric-based unique identity system, and EMV, a globally accepted technology standard for credit card, debit card and ATM transactions, used by Visa and MasterCard. This is baffling. Why should it be one technology standard or the other? Both Aadhaar and EMV should co-exist...

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Karnataka Milk Federation moots brick packs for school milk project-Sharath S Srivatsa

-The Hindu Bangalore: Nearly 60 lakh students across the State could be receiving their quota of milk in a brick pack, as the Karnataka Milk Federation (KMF) - tasked to supply milk to the youngsters - fears supplying loose milk could result in adulteration. Happily for the children, flavoured milk could be a part of the scheme which will take off on July 1. KMF will initially supply loose milk as setting...

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