Lower MSP rise shows govt’s aim to balance farmer, consumer interests: Nomura

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In a report, it also said that MSPs are an important driver of food price inflation when there is public procurement and this, along with other factors such as negative real rural wage growth, should lower food price inflation.

from Agriculture-Economy-News-Economic Times https://ift.tt/35Z0sIp

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NCLAT set aside CCI order imposing penalty on 18 sugar mills, 2 trade associations

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The National Company Law Appellate Tribunal (NCLAT) has set aside a penalty of Rs 38.05 crore imposed by the Competition Commission of India (CCI) on 18 sugar mills and two trade associations. The penalty was related to bid rigging in a joint tender for ethanol procurement. The NCLAT ruled that the CCI's order was illegal and did not comply with the principles of natural justice. from Agriculture-Economy-News-Economic Times https://ift.tt/UwRa5Jc
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