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Govt approves Rs 5,000 cr working capital loan for FCI

The government on Tuesday approved a short-term loan of Rs 5,000 crore for Food Corporation of India (FCI), which will help the organisation meet its working capital requirements this fiscal. The proposal was cleared in the meeting of the Cabinet Committee on Economic Affairs (CCEA) held here. "The CCEA today approved a short-term loan of Rs 5,000 crore to the FCI for 2010-11," an official statement said. FCI, the nodal agency for...

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Jairam to inspect Renuka Dam site

His ministry had earlier put a stop on the project citing ecological damage Delhi Govt. insisted that only the dam can solve Capital's water woes Union Environment and Forests Minister Jairam Ramesh on Sunday said he will undertake an inspection of the Nahan Valley in Himachal Pradesh, the site of the proposed Renuka Dam, which has been turned down by his office on the grounds that it involves the axing of 1.77...

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Bhopal waste not for Pithampur, says GoM by Priscilla Jebaraj

Government not to shift 350 metric tonnes of toxic waste Bhopal Oversight Committee to study restoration of plant Facing strong protests from local people and activists, the government has finally decided not to move 350 metric tonnes of toxic waste from the Union Carbide plant in Bhopal to an incinerator in Pithampur. The decision was taken at a Thursday meeting of the Group of Ministers (GoM) dealing with the Bhopal gas leak disaster...

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India's overflowing grain bins may lead to crisis, warns key farm panel by Rishi Shah

A key government panel has warned that the country's overflowing grain bins will lead to a crisis if the government did not come up with a plan to dispose of the stored grain . The Commission for Agricultural Costs and Prices (CACP) painted the grim picture in a presentation to Prime Minister Manmohan Singh last week. It said the Centre, which is the biggest buyer of grain in the country, was sitting...

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‘Yes, storage, sub-standard grain are problems'

The government on Thursday admitted to problems in storage as well as supply of sub-standard foodgrains to the poor after senior Communist Party of India (Marxist) leader Brinda Karat expressed serious concern in the Rajya Sabha over grain rotting. “I do admit,” Finance Minister Pranab Mukherjee said after Ms. Karat charged the government with supplying rotten foodgrains to remote tribal areas. She showed samples of spoiled wheat and rice in the...

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