RBI releases its monthly Bulletin for October 2013

The Reserve Bank of India today released the October 2013 issue of its monthly Bulletin. The Bulletin includes five special articles: (1) Performance of Private Corporate Business Sector, 2012-13; (2) Performance of Financial and Investment Companies, 2011-12; (3) Monthly Seasonal Factors of Select Economic Time Series; (4) India™s Foreign Trade: Q1 of 2013-14 (April-June); and (5) House… Read More

Tags: BanksBusinessBusiness sectorEarnings before interest taxes depreciation and amortizationFoodIndiaMarch 2012Reserve Bank of India

Food Security Bill to Provide Minimum Support Price to more Farmers

In the wake of the increased requirement of foodgrains for implementation of the proposed Food Security Act, procurement operations will be further extended and more farmers will get the benefits of MSP operations. Foodgrain requirement for the implementation of the bill is estimated 614.3 lakh tonnes as against the existing requirement of 563.7 lakh tonnes… Read More

Tags: BillFoodFood securityFood Security ActHouseholdPanchayati rajPublic Distribution SystemRupee

Wholesale Price Index – May 2013 Review

The official Wholesale Price Index for ˜All Commodities™ (Base: 2004-05 = 100) for the month May, 2013 rose by 0.1 percent to 171.6 (provisional) from 171.5 (provisional) for the previous month. INFLATION The annual rate of inflation, based on monthly WPI, stood at 4.70% (provisional) for the month of May, 2013 (over May, 2012) as compared… Read More

Tags: AsiaBusinessFoodIndiaIndo-Asian News ServiceMay 2013Reserve Bank of IndiaWholesale price index

FSSAI’S Norms for Cleanliness at Food Outlets

Schedule 4 of the FSS (Licensing and Registration of Food Businesses) Regulation, 2011 prescribes the general hygienic and sanitary requirements to be followed by Food Business Operators. All Food Business Operators (FBOs) in the Country should get a Central/ State licensing depending upon installed capacity and Registration in case of petty food businesses. The FBO… Read More

Tags: BusinessFoodFood SafetyFSSHygieneIndiaRajya SabhaRegulation

FSSAI issues New Guidelines

Food Safety and Standards Authority of India (FSSAI) has issued a new advisory on 11th December, 2012 relating to sale of new or existing proprietary food products. As per Section- 22 of the Food Safety and Standards Act, 2006 (FSSA), no person shall manufacture, distribute, sell or import any novel food, genetically modified articles of… Read More

Tags: FoodFood SafetyFood Safety & Standards Authority of IndiaFSSAIFunctional foodGenetic engineeringIndiaNutraceutical

CLR Snippets | No shortcomings in Coffee Debt Relief Package

Coffee Debt Relief Package 2010 sanctioned by Government of India for the debt ridden coffee growers has been implemented successfully by the Coffee Board and Banks. No shortcomings in the implementation of the Coffee Debt Relief Package (CDRP) has come to the notice of the Coffee Board. However, some of the farmers who could not… Read More

Tags: BeveragesBusinessCoffeeCosta RicaFarmerFoodFood and Related ProductsGovernment of India

Food Safety and Standards Authority of India Report

Achievement of Food Safety and Standards Authority of India during 2008-2012 The Food Safety and Standards Authority of India achievement Report presented in the Parliament. With the objective to consolidate the laws relating to food and for laying down science based standards for articles of food, the Food Safety and Standards Act was enacted and… Read More

Tags: FoodFood additiveFood SafetyFood Safety & Standards Authority of IndiaFoodborne illnessFSSAIFunctional foodISO 22000

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