14 minute read
Rev. Sekshim Kasar, Gen/Secy. Council of Nagalim Churches
from 10 Sept 22
NEW DELHI, SEP 9
(PTI): The government has banned export of broken rice to check rising retail prices and boost domestic supply after a fall in sowing area is projected to lower the country’s production by 10-12 million tonne this kharif season.
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A 20 per cent export duty has also been imposed on non-basmati rice except for the par-boiled, to discourage exports.
Explaining the rationale behind the ban, Food Secretary Sudhanshu Pandey told reporters that there has been an “absolutely abnormal” rise in shipments of broken rice and the broken grains were also not available in sufficient quantity for animal feed as well as ethanol blending programme.
India, the world’s second-largest rice producer after China, commands a 40 per cent share in the global trade. The country exported 21.2 million tonne of rice in 2021-22, of which 3.94 million tonne were basmati rice.
“Export policy of broken rice ...is amended from ‘Free’ to ‘Prohibited’,” the Directorate General of Foreign Trade (DGFT) said in a notification dated September 8, 2022.
The notification comes into effect from Friday, September 9, 2022.
Pandey said the country exported 3.89 million tonne of broken rice in 202122, a sharp jump from 1.22 million tonne in 2018-19. China imported 1.58 million tonne of broken rice last fiscal year.
In April-August period of this fiscal year, the export of broken rice increased to 2.13 million tonne from 1.58 million tonne in the yearago period and mere 51,000 tonne in 2018-19.
“It (export) has multiplied almost 42 times. So this is not (just) abnormal increase in exports. This is absolutely abnormal,” Pandey said.
India’s total rice exports rose to 21.23 million tonne in last fiscal year from 17.78 million tonne in the previous year and 9.51 million tonne during 2019-20.
In April-August period of FY23, the country has already exported 9.35 million tonne rice as against 8.36 million tonne in the year-ago period.
“During April to August this fiscal, the export share of broken rice increased to 22.78 per cent as compared to the 1.34 per cent in the corresponding period of 2019-20,” the secretary said.
Besides sharp rise in exports, Pandey said the domestic wholesale and retail prices of rice are showing increasing trend.
“The variation is more than what was the MSP (minimum support price) increase,” he told reporters here. The wholesale prices have risen by 8 per cent to Rs 3,291 per quintal as on September 7 from Rs 3,041 per quintal a year ago, while the retail prices have gone up by 6.38 per cent to Rs 37.5 per kg from Rs 35.25 per kg.
Pandey said the animal feed prices have also gone up. Maize price increased from Rs 19 per kg on January 1, 2022 to Rs 24 per kg on September 8, 2022. Broken rice price has also increased from Rs 16 per kg to Rs 22 per kg during the same period. Further, he said the imposition of export duty on all non-basmati rice except par-boiled, would help prices to cool down.
International price of Indian rice (non-basmati and others) is around Rs 28-29 per kg, which is higher than the domestic price.
No change of policy is done in par-boiled rice so that farmers continue to get good remunerative prices, according to a government presentation made during the briefing.
Pandey said that there is neither a ban nor customs duty on exports of basmati rice.
Shipments of basmati rice fell to 3.94 million tonne in last fiscal year from 4.63 million tonne in 2020-21. However, during AprilAugust of this fiscal, the exports of premium basmati rice went up to 1.82 million tonne as against about 1.7 million tonne in the yearago period.
As per the DGFT notification, provisions under the Foreign Trade Policy 2015-2020 regarding the transitional arrangement shall not be applicable to this notification. It added that during September 9-15, certain consignments of broken rice will be allowed to be exported.
On Thursday, the government imposed a 20 per cent export duty on nonbasmati rice except for parboiled rice.
According to a notification by the revenue department, an export duty of 20 per cent has been imposed on ‘rice in husk (paddy or rough)’ and ‘husked (brown) rice’. The export duty comes into effect from September 9. The ban on broken rice and export duty of 20 per cent on non-basmati rice, expect for par-boiled, have been imposed amid concern over likely fall in rice output.
As on September 2, the area under the paddy crop was down by 5.62 per cent at 383.99 lakh hectare in the ongoing Kharif season due to poor rains in some states.
According to the Food Secretary, rice production could fall by 10-12 million tonne during this kharif season due to a decline in paddy sowing area.
(From p-1)
Since 1990s, he said NCDC has played an active role in assisting the nascent cooperative movement in the state and the State was presently implementing Integrated Cooperative Development Project (ICDP) in five districts since 2018-19 and was benefitting 786 Cooperative Societies with 36,317members.
The minister was of the view that compact area development schemes like ICDP should be continued with vital back-end subsidies.
Though there were various CSS projects targeting the farmers, Kaito said there were various technical roadblocks in implementation.
He informed that the only cooperative Bank (Nagaland State Cooperative Bank Ltd) was a nonscheduled bank, making it ineligible to access AIF and other similar schemes.
However, he said the sanction was not issued against AIF in Nagaland till date. The minister said that the state-specific land holding system restrains the farmers to access the muchneeded Credit from the limited banking sectors in the state. He urged the new Ministry to provide considerable attention and support to some of the mentioned issues that would ensure the vision of the Sahakar se Samriddhi (prosperity through cooperation) reach the farthest corner of the country and the lives of the farmers at the grassroots level were benefitted.
Kaito congratulated Union Home & Cooperation Minister Amit Shah for organizing the conference and exuding confidence that the conference would usher in a new chapter for the cooperatives to participate in the nation’s goal of becoming USD 30 trillion economy.
Nitish Kumar to arrive on October 11
(From p-1)
He however mentioned that an invitation to attend the conference would be extended to all political parties.
Meanwhile, in his speech, intending candidate for 5 Ghaspani II constituency Kitoho S Rotokha spoke on the contributions of JP to Naga society, claiming that the socialist leader had contributed hugely and worked towards the uplifting the State’s economy. He however lamented that Nagas had forgotten about his contributions.
He also recalled how JP was closely involved in Naga peace process by being a member of Peace Mission coordinated by NBCC and formed in the 1960s to mediate between underground groups and Government of India, adding that a peace agreement was also signed in 1964 at his initiative.
Further, speaking on the contribution of Biharis, he reminded Nagas that Rs 1 crore was contributed by Kumar to Nagaland in 2019 when the State faced a drought-like situation.
He claimed that the JDU leader was always concerned for the welfare Nagas. Hence, despite his party having no MLA in the State, Kumar was visiting Nagaland, he added.
FM outlines steps to check operations of illegal loan apps
NEW DELHI, SEP 9 (PTI): Finance Minister Nirmala Sitharaman has discussed various issues related to illegal loan apps in a meeting and decided to take a host of measures to check operations of such apps, amid rising instances of digital fraud. Most of the digital lending apps are not registered with the central bank and operate by themselves. There have been increasing cases of alleged suicides of borrowers due to harassment by a few of the operators of digital lending apps.
The meeting, chaired by the minister, was held on Thursday and it was decided that RBI will prepare a whitelist of all the legal apps and Ministry of Electronics and Information Technology (MeitY) will ensure that only these are hosted on app stores. The RBI will monitor the ‘mule/rented’ accounts that may be used for money laundering and to review/ cancel dormant NBFCs to avoid their misuse. The central bank will also ensure that registration of payment aggregators be completed within a timeframe and no un-registered payment aggregator be allowed to function after that, the finance ministry said in a statement on Friday.
As part of measures to check the proliferation of such apps, Ministry of Corporate Affairs will identify shell companies and de-register them to prevent their misuse. Besides, steps should be taken to increase cyber awareness among customers, bank employees, law enforcement agencies and other stakeholders about these apps. All ministries or agencies have been asked to take all possible actions to prevent operations of such apps. During the meeting, the finance minister expressed concern over increasing instances of illegal loan apps offering loans/micro credits, especially to vulnerable and low-income group people at exorbitantly high interest rates and processing/hidden charges, and predatory recovery practices involving blackmailing, criminal intimidation etc.
Shah to be given July 16 resolution
(From p-1)
He said this was already agreed and conveyed during RN Ravi’s tenure as the Interlocutor for Naga talks.
It may be mentioned that, Ravi, in an exclusive interview with Nagaland Post in 2019 had categorically stated that the Government of India was ready to consider Naga flag for Pan Naga cultural body and to term the final agreement as Naga “Yehzabo”. He, however, added that the Naga negotiators were not agreeable to it.
Even the legislators have conveyed the same, in public, on several occasions.
A senior official, on condition of anonymity, confirmed that the Centre was not averse to terming the final agreement as ‘Yehzabo’ and use of Naga flag for cultural purposes.
Tata in talks to build iPhones for Apple in India: Report
SAN FRANCISCO, SEP
9 (IANS): Tata Group is in discussions with a Taiwanese supplier to Apple in order to build an electronics manufacturing joint venture in India and assemble iPhones here, Bloomberg reported on Friday.
According to the report, the discussions with Wistron are aimed at making Tata a force in technology manufacturing and the Group wants to tap the Taiwanese company’s expertise in product development, supply chain, and assembly.
If the agreement is successful, Tata might become the first Indian business to manufacture iPhones, which are now largely put together in China and India by Taiwanese manufacturing behemoths like Wistron
Su doku No. 5011 Yesterday’s solution No. 5010
KAKURO No. 4034 Yesterday’s solution No. 4033
ACROSS
3 Coniferous tree (5) 8 Rasps (5) 10 A premium (5) 11 Hot drink (3) 12 Post off (5) 13 Attractive person (7) 15 Giver (5) 18 Horse (3) 19 Tranquil (6) 21 Infers (7) 22 Water jug (4) 23 Beach grains (4) 24 Of marriage (7) 26 Stocking run (6) 29 Pistachio, say (3) 31 Stone worker (5) 32 Competent (7) 34 Organ (5) 35 Born as (3) 36 Marsupial (5) 37 Essential (5) 38 Roofing tile (5)
DOWN
1 Levy (5) 2 Beginner (7) 4 At any time (4) 5 Tolerates (6) 6 Helicopter blade (5) 7 Clothe oneself in (3,2) 9 Meadow (3) 12 Normal (7) 14 Insane (3) 16 Asian kingdom (5) 17 Prepared (5) 19 Study group (7) 20 A royal domain (5) 21 Actions (5) 23 Diabolic (7) 24 Servile (6) 25 Ram (3) 27 Boy’s name (5) 28 Toy figures (5) 30 Not dirty (5) 32 American coin (4) 33 Wager (3) and Foxconn Technology Group, the report said.
Meanwhile, earlier this month, industry analyst Ming-Chi Kuo claimed that the next iPhone 15 is likely to be manufactured at the same time in India and China next year. “The iPhone 14’s mass produc-
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