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...

The central government has given over Rs.217 crore to five public sector units (PSUs) for construction of rural roads in Bihar under the Pradhan Mantri Gram Sadak Yojana (PMGSY), the rural development ministry said Thursday. The state-run firms, which have been given these funds include the National Projects Construction Corporation Ltd (Rs.60 crore), the IRCON International Ltd (Rs.4.19 crore) and the Central Public Works Department (Rs.46.80 crore). The other two PSUs involved...

India, a traditional rice exporter, will import the grain for the first time in 20 years to meet a projected shortfall of the crop hit by drought and floods, the government said on Wednesday. “We started rice season, that is from October 2009, with almost six million tonnes of surplus ... Still there is a projection that there is some shortfall of Kharif crops. So to make it up, we...