-The Times of India Stocking up of foodgrains by the government could be one of the major factors for the continuing surge in food prices, warn experts. Latest wholesale price data available on the industry department's website shows that wheat prices are up almost 20% in October compared to a year ago. That's at a time when the government is holding stocks of 42 million tonnes — three times the buffer stock...
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FCI to sell 3 mn tonne wheat in open market to ease prices
-PTI The government has surplus stocks in view of record production last year Food Corporation of India today said it will sell immediately 3 million tonnes of wheat to bulk consumers in open market in an effort to bring down prices. Last week, the Cabinet Committee on Economic Affairs (CCEA) had approved sale of 6.5 million tonnes of wheat under open market sale scheme (OMSS) through the tender process. "Out of 6.5 million tonnes...
More »That's rich! Starbucks paying staff 25p an hour in new Indian cafes-Nick Owens and Gethin Chamberlain
-Mirror News Tax row coffee chain pays 'poverty wages' despite making £222 million profit in three months TAX row coffee chain Starbucks is paying workers just 25p an hour at its newly-opened stores in India. The pittance falls far below the country’s official living wage and means some staff earn less in a day than the price of the cheapest cup of Starbucks coffee in the UK. Details of the wages emerged as the...
More »44 Killed in Cyclone Nilam in Andhra
-Outlook Hyderabad: Forty-four people were killed and a massive damage was caused to crops in Andhra Pradesh due to cyclone 'Nilam', Chief Minister N Kiran Kumar Reddy said today. Reddy, who interacted with district collectors of all the affected districts via video conferencing at the state secretariat, said orders have been issued for paying the ex-gratia of Rs 2 lakh under various schemes to the families of the deceased, a CMO press...
More »Cabinet withdraws draft amendments to RTI-Liz Mathew and Anuja
-Live Mint All file notings can be made public now except those explicitly exempted The Union cabinet on Thursday decided to withdraw controversial draft amendments to the Right to Information (RTI) Act that sought to restrict disclosure of government file notings. The move allayed the concerns of rights activists. The draft amendments would have restricted disclosure of file notings only to social and developmental issues. The government had to drop the move following...
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