Fair Price News

Industry

Govt to raise minimum support price for kharif crops next week: Modi

The new support prices for rain-fed kharif crops will be 50% over the costs of production, says Prime Minister Narendra Modi

1 min read30 Jun 2018
Industry

Govt amends IBC for better realization of stressed assets

The amendments to the IBC introduce the concept of fair value which is defined as the estimated realizable value of the assets on the starting date of insolvency proceedings

2 min read8 Feb 2018
Opinion

How perceptions of fairness affect prices

While consumers are willing to concede a firm's quest for profit, any action that deliberately exploits consumer's dependence is likely to be considered offensive

4 min read2 Jan 2018
Industry

Around 39% of ration shops now have PoS machines: Govt

Out of around 5.26 lakh fair price shops in the country, 2.04 lakh have PoS machines, and close to 78% ration cards have been seeded to Aadhaar, says government

2 min read16 May 2017
Politics

Gujarat govt to install micro ATMs at 500 fair price shops

Gujarat food and civil supplies department plans to install cash withdrawal machines at 500 fair price shops in rural areas

1 min read29 Nov 2016
Politics

Widen scope of DBT scheme: Centre tells secretaries, states

It has been realised that the scope of the DBT can be expanded to include all welfare or subsidy schemes operated by the ministries and departments of government of India

2 min read8 May 2016
Companies

Biyani’s Future Consumer Enterprise to manage PDS shops in Rajasthan

Future Consumer Enterprise has entered into a partnership with the state govt to exclusively operate 5,000 fair price shops under PDS

1 min read20 Aug 2015
Politics

Delhi govt to sell onions at Rs40 a kg at Fair Price Shops

The govt will also sell onions through mobile shops where FPS is not close to residential locations

1 min read4 Aug 2015
News

Opec moots $80 as new ‘fair’ oil price—but will it stick?

Oil ministers from Iraq, Venezuela and Angola said in Vienna this week that a price of $75 or $80 a barrel could be just fine

4 min read4 Jun 2015
Politics

Biometric ID to be mandatory at fair price shops in Maharashtra

System to be used to cut out fraud in purchases of subsidized grains, sugar and kerosene

2 min read8 Jan 2015
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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