Admitting to irregularities in the export of non-Basmati Rice to some African countries during UPA-I tenure, the government on Friday said it has referred the matter to the CVC after slapping show-cause notices on officials of PSUs, involved in the transactions. The action follows an internal enquiry by the Department of Commerce which found that "the exporting public sector units did not follow the transparent procedure for selection of domestic associates...

Subterfuge is the favourite tool of the corrupt, when caught. That seems to be the case as the Union ministry of commerce and industry proceeds at an elephantine pace in its “inquiry” into the Rs 2,500-crore rice export scam reported in Outlook. Last year, on July 30, Parliament erupted in a furore over the revelation that despite a strict ban on exports, tonnes of 25 per cent broken, non-Basmati Rice...

The Union Food and Agriculture Ministry has turned down requests from Punjab, Andhra Pradesh and Chhattisgarh for resuming export of non-Basmati Rice. The government has banned export of wheat and non-Basmati Rice from February 2, 2007 and April 1, 2008 to stabilise prices of these commodities in the domestic market and to maintain sufficient stocks for ensuring food security in the country. Not acceded to “Requests were received from the State governments of...

Rice exporters from India are upbeat over the higher projections of basmati output and better prospects of exports. The loss of crop, in Philippines due to storms and in Thailand and Pakistan due to floods, is driving Indian exporters to speculate for better realisations this year. The satellite image procured by All India Rice Millers Association and Agriculture and Processed Food Products Exports Development Authority (APEDA) depict an increase in area under...

Blame stubborn procurement policy as the root of all evil. With the government sitting on heaps of foodgrain and with an acute shortage of quality storage facilities, analysts, some within the government, suggest exporting foodgrain and reviewing procurement policy. The suggestion is gaining ground among advisors and experts, given the current global situation, where wheat prices are on the rise on fears of subdued production in drought-hit countries like Russia, Uzbekistan and...