Thursday, 19 May, 2022
TopicMinistry of Consumer Affairs

Topic: Ministry of Consumer Affairs

Swadeshi push, no flash sales: How draft e-commerce rules will impact Amazon, Flipkart, others

Remya Nair -
India is set to tighten laws governing e-commerce companies as it looks to create a more level-playing field between online and offline retailers.

Centre asks Delhi govt to resume e-PoS devices in all fair price shops

ANI -
A letter from Ministry of Consumer Affairs, Food and Public Distribution also directed the Delhi govt to implement the 'One Nation One Ration Card' plan at the earliest.

Modi govt plans to procure more pulses this year to guard against inflation & help farmers

Samyak Pandey -
Price Stabilisation Fund Management Committee recommends increase in buffer stock of pulses due to continued inflation in market prices & increasing y-o-y production.

4 states want Centre to extend paddy procurement deadline as lockdown and rain hit season

Samyak Pandey -
West Bengal, Maharashtra, Tamil Nadu and Assam wrote to Centre, asking for an extension until 30 September from the current deadline of 15 September.

Pasta, noodles, flour could get cheaper as FCI plans wheat reserve price cut to clear stock

Samyak Pandey -
FCI move aims to promote higher purchase by private buyers, which came down to nil in June. The agency has run out of storage facilities.

Face penal action if country of origin isn’t displayed on e-commerce sites: Ram Vilas Paswan

Samyak Pandey -
Consumer affairs ministry to set up a team to monitor any such violation, which could invite a maximum jail term of three years or a fine of Rs 2,000 or both.

Onion prices likely to dip in New Year as imports and domestic supply will flood market

Samyak Pandey -
A glut of onions is expected in the coming weeks as the market is going to be flooded with imports and produce from rabi and kharif seasons.

Gold hallmarking mandatory in India from 1 January, jewellers fear ‘GST-type’ slowdown

Samyak Pandey -
Modi government plans to implement gold hallmarking across the country in four phases, starting with the metro cities.

Imported onions set to arrive next month, but prices will see only marginal dip

Samyak Pandey -
Onions imported by the state-owned Metals and Minerals Trading Corporation will arrive in India on 10 December and be sold at around Rs 50-60 per kg.

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Economy

PT Pertamina Balongan refinery in Indramayu, Indonesia | Representational image | Bloomberg

Asian refiners to ramp up gasoline exports to US as sky-high prices beckon

Elizabeth Low -
In Asia, gasoline margins have doubled to more than $33 a barrel since the end of March and have edged above those for diesel, which have eased from a peak in early May.

Defence

File photo of a defence personnel armed with a SiG 716 rifle near the Line of Control | Photo: Snehesh Alex Philip | ThePrint

India to ink ‘repeat order’ deal for 73,000 SiG 716 rifles from the US

Snehesh Alex Philip -
In February 2019, 72,400 SiG 716 rifles of 7.62 x 51mm calibre were contracted from SIG Sauer Inc, USA, under government's 'Buy (Global) category', through fast track procedure.

National Interest

How Congress is like the Ambassador & why Indian politics needs a brand new set of wheels

Shekhar Gupta -
Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.

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