-PTI SC had said that the government cannot enforce sale of mineral water on their MRPs in hotels and restaurants as the Standards of Weights and Measures Act, 1976 does not apply The government will file a review petition in the Supreme Court against an order allowing hotels and restaurants to charge higher price than the MRP on mineral water, Consumer Affiars Minister Ram Vilas Paswan said on Saturday. "In relation with the...
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Syringe prices may fall by half or more in January 2018 -Rema Nagarajan
-The Times of India NEW DELHI: The All India Syringes and Needles Manufacturers Association has issued a circular to its members to print the maximum retail price (MRP) on the basis of a maximum of 75% margin from December 24, which is observed as Consumer Day, and to implement this latest by January 26 next year. It also wrote to all foreign manufacturers of syringes, urging them to join the effort to...
More »FRDI: Grossly at Odds with the Indian Financial System -Sucheta Dalal
-MoneyLife.in The government’s penchant for painting all legitimate questions about its faulty policy-making as scaremongering or anti-national is getting rather irksome. Prime minister Narendra Modi (at the FICCI annual general meeting) and finance minister Arun Jaitley have both responded to fears over the implications of the Financial Resolution and Deposit Insurance Bill (FRDI Bill) , 2017, by lashing out at critics and reassuring people that the government will protect bank deposits....
More »Jual asks Naveen to fix MSP for minor forest produce
-The Times of India BHUBANESWAR: Union tribal affairs minister Jual Oram asked chief minister Naveen Patnaik to fix the minimum support price (MSP) of minor forest produce (MFP) gathered by tribals. "I would like Odisha to provide MSP to the tribals at the haats where they bring the forest produce to sell. This will protect them from any possible exploitation by middlemen and traders," said Jual in his letter to Naveen on...
More »Gujarat scare may sow seeds of farm-focused policy in Budget -Deepshikha Sikarwar & Himangshu Watts
-The Economic Times NEW DELHI: The BJP's victory in the Gujarat elections, hard-fought as it was, points clearly to the possible direction of the Budget that finance minister Arun Jaitley will present in February. Given its setbacks in non-urban areas, the big focus of the ruling party will be on agriculture and the rural economy, apart from a likely boost in minimum support prices (MSP). FM Arun Jaitley told ET the results...
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