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Idbi Bank: In March this year, a bankruptcy court had approved Suraksha Asset Reconstruction Co’s (ARC) takeover of the debt-laden property and infrastructure company Jaypee Infratech, dismissing three different appeals against the Rs 7,936- crore resolution bid and rekindling hopes of about 20,000 homebuyers waiting for possession of their promised apartments for nearly a decade. ....
The Indian government is expected to face an excess of rice stock, almost twice the buffer requirement, due to robust paddy procurement and limited sa ....
India Business News: The Indian government is facing a surplus of rice stock once again, despite having stopped selling it from its buffer stock to state governments five ....
These two food subsidy schemes have been subsumed as Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) for effective and uniform implementation of the NFSA as also to strengthen the food security network in the country. "Under this scheme, free foodgrains are being distributed through Targeted Public Distribution System (TPDS) from 1st January 2023. The additional cost of making foodgrains free of cost to the NFSA beneficiaries is being borne by Government of India," the statement said. ....
Food Corporation of India, the government s nodal agency for procurement and distribution of foodgrains, is offloading wheat from its buffer stock under the OMSS. Consequently, the total quantity offered per e-auction across the country has also been increased from 2 lakh tonne to 3 lakh tonne, the statement said. ....