An unexpected fall in wheat procurement from a 'realistic target' has derailed the Government’s plan to start selling the grain in the open market anytime soon, even as the current policy is about to end on July 31. Besides, the Government is closely monitoring prices and there is no concern on that front, so far, official sources said.
We all love to consume packaged fruit juices, and there are several companies that sell these fruit juices with a claim they contain 100 per cent pure fruit juices, while the sugar percentage is on the higher side. However, this claim has come under the scanner of the food safety regulatory body Food Safety and Standards Association of India (FSSAI) and they have directed the companies not to claim 100 per cent Fruit Juice on canned products.
Anita Praveen, secretary, Ministry of Food Processing Industries, Govt. of India today said that the Indian Food Processing Industry is the second biggest employer in the country after textile and can be the basis for increasing farmers’ income.
The government on Wednesday extended curbs on sugar exports beyond the end of October as it tries to keep local prices in check, meet ethanol production requirements and ensure adequate closing stock at the end of the sugar season.
The Central Board of Indirect Taxes and Customs (CBIC) on Wednesday said it will now electronically disburse duty drawback amounts directly to exporters' bank accounts using the PFMS platform, a move which will increase transparency and will improve efficiency of the process.
The National Level Coordination Committee (NLCC) for the world's largest grain storage plan convened its first meeting on Monday at the Ministry of Cooperation. This landmark gathering marks a significant step forward in India’s efforts to revolutionize its agricultural storage infrastructure.