Govt removes 40 pc procurement ceiling for tur, urad, masur under PSS to boost domestic production

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To check hoarding and price rise, the ministry on June 2 imposed stock limits on tur and urad. The stock limits have been made applicable to wholesalers, retailers, big chain retailers, millers and importers.

from Agriculture-Economy-News-Economic Times https://ift.tt/k3MVCjs

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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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