States not in favour of uniform tax on wheat/rice: Food Ministry

Last Updated: Sunday, May 31, 2015, 11:38

"We have discussed the matter with state governments. They have not agreed on uniform taxation. So, it is not possible to implement this recommendation of the panel," a senior Food Ministry official told PTI.

Centre to reimburse 6 states amount of value-cut for wheat

Last Updated: Wednesday, April 29, 2015, 18:09

The move is aimed at ensuring that wheat farmers get the full minimum support price (MSP) of Rs 1,450 per quintal.

ISMA wants govt to buy surplus sugar stock to end crisis

Last Updated: Wednesday, April 29, 2015, 18:06

Government's decision to hike import duty on sugar and remove excise duty on ethanol will help millers only in the long run and it should buy 10 percent of the sweetener produced this year to help clear cane arrears, sugar industry body ISMA said on Wednesday.

CCEA okays hike in sugar import duty to 40%

Last Updated: Wednesday, April 29, 2015, 15:42

The Centre had in August last year hiked the import duty on both raw and refined sugar to 25 percent from 15 percent.

Govt hikes import duty on sugar to 40% from 25%

Last Updated: Wednesday, April 29, 2015, 14:07

Sugar production of India, the world's second largest producer, is estimated to be higher than the domestic consumption for the fifth year in a row this season.

Food ministry for hiking import duty on sugar to 40%

Last Updated: Wednesday, April 15, 2015, 17:30

The Food ministry would recommend a hike in import duty on sugar to 40 percent from the current 25 percent to check sliding price of the sweetener and enable mills to clear mounting cane arrears that has reached almost Rs 20,000 crore so far.

Govt notifies export subsidy of Rs 4,000/tonne for raw sugar

Last Updated: Thursday, March 5, 2015, 15:40

The government today notified fixed subsidy of Rs 4,000 a tonne for export of up to 1.4 million tonnes of raw sugar in the ongoing 2014-15 marketing year (October-September).

Food Ministry for extending sugar export subsidy for 1.4 million tonnes

Last Updated: Wednesday, January 28, 2015, 22:02

The Food Ministry is in favour of extending export subsidy for only 1.4 million tonnes of raw sugar in the ongoing 2014-15 marketing year.

FCI rejig: Panel for direct cash transfer of food subsidy

Last Updated: Thursday, January 22, 2015, 00:16

After oil, a cut in food subsidy is on the anvil as a high-level panel Wednesday suggested giving cash to beneficiaries and shifting rice and wheat procurement to states that do not have provisions for administered purchase price.

FCI rejig: Panel submits report, PM asks for FoodMin views

Last Updated: Wednesday, January 21, 2015, 23:32

Prime Minister Narendra Modi Wednesday asked the food ministry to expeditiously give its comments on the FCI restructuring plan proposed by a high- level committee headed by BJP MP Shanta Kumar.

CCEA may consider tomorrow incentives for raw sugar export

Last Updated: Wednesday, January 29, 2014, 18:38

The Cabinet Committee on Economic Affairs (CCEA) is likely to consider Thursday a proposal to give a cash subsidy of Rs 2,000 per tonne for export of four million tonnes of raw sugar for a period of two years.

CCEA okays norms for sugar mills to get interest-free loans

Last Updated: Thursday, December 26, 2013, 15:16

Government on Thursday approved modalities for the beleaguered sugar industry to avail interest-free loans to the tune of Rs 6,600 crore from banks for effecting timely payment to cane growers.