The EPFO's Finance and Investment Committee (FIC) will take a decision on investing between 3 and 5% of its enormous corpus in the capital markets on October 24.
Advance crop estimates to be released on October 15 may not have accurate assessment of crop damage due to floods, heavy rains in Maha, Karnataka, AP.
The delay in advanced crop output estimates for the kharif season has raised fears that the decline in rice output this season could be beyond the government projection of 10 million tonne, forcing India to resort to imports.
Delay in advanced crop output estimates for kharif could force India to imports.
The Centre is working on a revised pulses import plan to achieve the set target of 1.5 million tonnes of import during 2009-10, in a bid to increase the domestic supply and keep soaring pulses prices in check.
The Centre is giving 'serious thoughts" to demands of certain rice-producing states to provide bonus on paddy over and above the current support prices of Rs 950 and Rs 980 a quintal for the common and Grade A varieties.
The Centre will extend the deadline for duty free import of white or ready to eat sugar from November 30 this year upto May-June 2010, Food and PDS minister Sharad Pawar said on Thursday.
India could play a key role in recharging a stuporous global commodity market in the thick of an economic downturn.
Assocham urged RBI to enforce Selective Credit Control Measures to restrict hoarding, and tame food inflation besides ensuring adequate supplies of essential commodities in markets.
The Centre may have secured additional levy sugar for the below poverty line (BPL) consumers for the festive season.
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