K V Thomas

Govt. announces more incentives for ailing sugar industry

Govt. announces more incentives for ailing sugar industryProviding yet another big relief to the struggling sugar industry, the government has announced its decision to provide financial assistance to sugar manufacturers to export up to 40 lakh tonnes of raw sugar for a period of two years.

Food Minister K V Thomas said the government decided to give incentives to promote raw sugar as a new product.  The new incentives were approved by an informal Group of Ministers (GoM), headed by Agriculture Minister Sharad Pawar.

Government may give financial assistance to sugar mills: Thomas

K-V-ThomasNew Delhi, Nov 28 : The government is likely to offer financial assistance and other support to sugar mills to overcome the crisis over crushing and pay higher prices to sugarcane farmers, Minister of Consumer Affairs, Food and Public Distribution K. V. Thomas said Thursday.

Talking to reporters here, Thomas said the central government is willing to consider all possible assistance to sugar mills so that cane crushing could start as soon as possible.

“The central government is willing to consider all possible the steps its to help the sugarcane farmers and the sugar industry,” Thomas said.

Half the states to implement food law by December: Thomas

K-V-ThomasNew Delhi, Oct 1 : Fourteen of India's 28 states would be ready to implement the National Food Security Act by year-end, Food Minister K. V. Thomas said Tuesday.

"The sense that I got is that around half the states would be ready to implement the law by December," Thomas told reporters after a two-day meeting of state food ministers discussed the implementation of the law.

The bill, a pet welfare legislation of United Progressive Alliance (UPA) chairperson Sonia Gandhi, was a part of the Congress election manifesto of 2009, and is widely expected to be a game-changer for the ruling party as it prepares for the 2014 general elections.

Southern states likely to suffer deficit rainfall

Southern states likely to suffer deficit rainfallKarnataka, Kerala and Tamil Nadu may face another draught like situation as monsoon rains in these southern states of India are expected to arrive late or at less than the normal level.

Food Minister K V Thomas also admitted that weather assessments hinted less than the normal monsoon rains for Kerala, Karnataka and Tamil Nadu.

Speaking to reporters, Thomas said, "Monsoon will be quite satisfactory in India except the southern tip - Kerala, Karnataka and Tamil Nadu. Monsoon rains in these southern states may be delayed or could be less than the normal level."

Government increases sugar FRP to Rs. 210 per quintal

Government increases sugar FRP to Rs. 210 per quintalThe union government in India has approved a proposal to increase the minimum price guaranteed to sugarcane farmers by 23.5 per cent to Rs. 210 per quintal for a period of one year from October, 2013.

Refined oil imports to rise following easing of import rates

Refined oil imports to rise following easing of import ratesRefined oil imports into the country is set to increase following the relaxation of norms relating to import rates on crude palm oil (CPO) as well as 2.5 per cent import duty.

Union Food Minister K V Thomas said that the government is de-freezing of import rates on the commodity and 2.5 per cent import duty. The ministry also said that the new tariff rates and the duty charges are yet to be notified.

Govt. may raise import duty on white sugar soon

sugarThe government is mulling over proposals to hike import duty on white sugar or scrap it on raw sugar, Food Minister K V Thomas revealed.

Mr. Thomas said a hike in import duty on white sugar would check it from flooding Indian market; while scrapping import duty on raw sugar would make it cheaper and lure buyers away from white sugar.

Currently, import duty on both white and raw sugar is at 10 per cent. But under the proposals, the government is considering hiking import duty on white sugar to 20 per cent, and scrapping it on raw sugar to zero.

Food Minister K V Thomas suggests “slab system” for cooking gas price

Food Minister K V Thomas suggests “slab system” for cooking gas priceThe government should introduce a "slab system" for cooking gas, where the price would increase by Rs 50 for the six cylinders beyond the first six subsidized cylinders, Food Minister K V Thomas has reportedly advised.

The government recently capped the number of subsidized LPG cylinders at six a year. Beyond that limit, households would have to purchase cylinders at a full market price of Rs 746 each.

The decision triggered severe criticism, forcing many in the government to consider other options.

PM sets up panel for reforming sugar industry

PM sets up panel for reforming sugar industryIndian Prime Minister Manmohan Singh has constituted a new panel under the leadership of the former RBI governor C Rangarajan to recommend the ways to reform the sugar industry in India.

C Rangarajan, who has also worked as the chairman of Prime Minister's Economic Advisory Council, will prepare recommendations on policy changes for deregulation of the industry sector that is still under tight government control.

Non-Basmati Rice Ready for Export

Non-Basmati Rice Ready for ExportThe four year ban over the export of the non-basmati rice has finally been lifted by the Government. Besides, it has put a ban over the sales of onions overseas with the pursuit of meeting the challenges of surging prices. It has been reported that the onion prices have rose to Rs 25 per kg in just one year.

NFCSF Demands a Grant for Further Export of Sugar

NFCSF Demands a Grant for Further Export of SugarThe cooperative sugar factories body National Federation of Cooperative Sugar Factories (NFCSF) had appealed for an approval for exports of another 500,000 tonnes of sugar was denied by Indian Government, revealed the Union Minister of the state for food consumer affairs and public distribution, K. V. Thomas.

Fairs planned to boost horticulture exports to Gulf

K V ThomasBangalore, Jan 2 : Fairs will be organised in the Gulf as part of the efforts to increase exports of Indian horticulture produce to the region, a central minister said here Saturday.

"There is a huge scope to export horticulture produce to the Gulf region," Minister of State for Agriculture K. V. Thomas told reporters on the margins of a horticulture fair.

Thomas inaugurated a four-day "Orange Festival", where 11 states are displaying oranges, mosambi, kinnow, acid lime and other citrus fruits. Grapes, pomegranates, dry fruits and spices are also on show.

Demand for protein foods is going to grow: Minister

K V ThomasNew Delhi, Dec 23 : The government Wednesday called upon agricultural scientists to increase the production of protein foods to prevent an increase in their prices owing to demands of an increasingly calorie-conscious population.

"If production of vegetables, pulses, milk, meat and staples do not catch up with the needs of a young and successful population, price pressure will hurt the poor, and the low income group," said Minister of State for Agriculture K. V. Thomas.

Foreseeing a stabilized population by 2050 in the country, the minister said: "The demand for protein foods is going to grow exponentially."




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