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TextileMin to infuse Rs 1,600 cr into Cotton Corp
The Ministry of Textiles, Government of India is planning to infused additional capital of over Rs 1,600 crore to Cotton Corporation of India (CCI). The Ministry also set a target to inaugurate seven mills which are moderinised at the outlay of Rs 130 crore in the next 100 days.

An Open Letter to the American People...
Nobel Laureates / October 11, 2009, 0:06 IST

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Ispat Ind's net loss widens to Rs 79 cr
Metals company Ispat Industries"s net loss widened to Rs 79.4 crore for the September quarter of financial year 2009 as compared to a net loss of Rs 26.7 crore it posted in the corresponding quarter of previous financial year.
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Centre requests states to import foodgrains to support PDS

The Centre today urged the states to import foodgrains through their PSUs to support the public distribution system (PDS) and promised to look into subsidies for such imports. - LS disrupted as TDP MPs oppose Telangana - No shortage of onion, prices easing, says minister - Fiscal deficit to remain within 6.8% target : FM - Exports from STP units up 15% to Rs 2,07,358 cr - LS okays merger of State Bank of Saurashtra with SBI - India"s rice production seen upward at 84.5 MT: USDA "It is our request that the state governments should also take initiative to support the PDS, as it is a joint responsibility of both the centre and the state. If Tamil Nadu wants to import, they are welcome. I will certainly inquire into the issue (of providing subsidy)," Agriculture Minister Sharad Pawar told the Lok Sabha during Question Hour. On cases of smuggling of PDS foodgrains, Pawar said several such instances had come to light in the past years. He said the UP government had in the past, brought to the Centre"s notice a case of officials siphoning off PDS supplies and had demanded a CBI probe. "The CBI has begun investigations in the case. In some other instances, the state"s Economic Offences Wing was asked to investigate," he said. "Some complaints have been received about diversion of foodgrains allocated to State and UT governments under the Targeted PDS and Mid-day Meal Scheme. These complaints have been sent to concerned state and UT governments for inquiry and corrective action as per the powers delegated to them under Essential Commodities Act," Pawar said. He said the States and UTs were also advised to ensure doorstep delivery of foodgrains to Fair Price Shops under TPDS and active involvement of village level Vigilance Committees. "To prevent smuggling of foodgrains to neighbouring countries, field agencies of Ministries of Home Affairs and Finance maintain vigil on India"s international borders," he added.


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