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SC ruling on paddy puts Centre, UP Govt in a bind

New Delhi: The Food Corporation of India's (FCI) problems stemming from excessive procurement of food grains is set to further intensify during the coming kharif marketing season, beginning October.

The reason for this is not just the likely bumper paddy crop on account of munificent monsoon rains, but also a recent Supreme Court order, requiring Government agencies to procure the entire paddy in Uttar Pradesh that is offered
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Rains fill up 58% level in reservoirs
New Delhi: At the fag end of the current rainy season, most of the 71 major reservoirs in the country have filled up and the storage level has reached 58 per cent of the full reservoir level, according to the latest data released by the Central Water Commission.
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SC Verdict Could Lead To Reopening Of Selloff Process Since 1991: Shourie
Berlin: Disinvestment minister Arun Shourie on Thursday raised questions over the Supreme Court judgement halting disinvestment in two oil PSUs — HPCL and BPCL — without prior approval of Parliament. He said it could lead to reopening of divestment process in government companies ever since 1991.

"On this principle (SC's September 16 judgement) disinvestment of all companies should be subject to clearance of Parliament. It cannot apply only to companies when you sell shares (to bring down government equity) from 51 per cent to 49 per cent because every single share has been paid out of the consolidated fund of India. So how even minority shares have been sold since 1991," Mr Shourie said.
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domain-B : Indian business : News Review : 19 September 2003 : general