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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