-The Indian Express Govt must learn from mistakes in onions and potatoes, agriculture should be spared of bearing the burden of its inflation targeting. Last week, Union Commerce Minister Nirmala Sitharaman announced a 5% subsidy on onion exports in the form of transferable duty credit scrips that can be used to pay customs, excise or service tax. On top of it, the Maharashtra government extended a Rs 100 per quintal grant to...

-The Times of India NEW DELHI: The Competition Commission of India (CCI) on Wednesday imposed penalty of over Rs 6,700 crore on 10 cement companies including ACC, Lafarge, Ultratech, Jayprakash Associates, Binani and their trade association the Cement Manufacturers Association (CMA) on charges of Cartelisation in the sector. The information in the case was filed by the Builders Association of India against the cement firms and the CMA, alleging that they flouted...

Rising prices of dal: How to deal with it? The 68th session of the United Nations General Assembly declared 2016 as the International Year of Pulses. In India, however, ordinary citizens are under enormous duress due to the skyrocketing prices of dal/ lentils since the last one year. The website of Price Monitoring Cell of the Department of Consumer Affairs shows that dal prices varied across places. For example, the...

-Down to Earth The report highlights that there are inaccuracies and inconsistencies in valuation of auctioned mines In a report tabled in the monsoon session of the Parliament, the Comptroller and Auditor General (CAG) of India states that despite auctions, multiple bids by corporate groups through joint ventures or subsidiaries did not ensure that potential level of competition had been achieved in the first two tranches. The report highlights that there are...

-PTI New Delhi: As pulses continued to soar to touch up to Rs 200 per kg, intelligence agencies were on Thursday asked to crack down on Cartels, while futures trade was curbed to check speculation and buffer stock was hiked over 5-times to 8 lakh tonnes to boost supply in a multi-pronged approach. Efforts were also beefed up to sell larger quantities of pulses at highly-subsidised rates through government agencies and outlets,...