Skip to contentSkip to navigation

ITC undermines pro-people policies: UP Govt suspends license

This posting is based on The Times of India news published on 8 June 2008, to read the news, click here

The ITC's license to purchase 500,000 metric tonnes of wheat directly from the farmers in Uttar Pradesh (UP) state was suspended till 30 June 2008 by UP state government.

Despite of a UP government's cabinet order not to purchase wheat till 30 June 2008 during the 'Rabi' crop harvesting season, and another state government's order on 25 May 2008 which fixes stock limit for traders, ITC could manage to get a license issued from Agriculture department of UP government on 30 May 2008 to purchase 500,000 metric tonnes of wheat directly from the farmers. When the leading English newspaper The Times of India exposed this on 6 June 2008, the state government was left with no choice but come out clean - and suspend the license of ITC till June 30 (in accordance with earlier government orders and cabinet decision).

"Corporations are notorious to indulge in political lobbying and all measures to safeguard their markets, with blatant disregard to public interest and welfare" said Dr Sandeep Pandey, Convener of National Alliance of People's Movements (NAPM) and Ramon Magsaysay Awardee (2002).

In present times when food crisis is looming large over India, it is particularly of critical significance that governments put a check on these corporations.
Author info

bobbyramakant's picture

Add new comment

Republish

Republish this content

More Stories

Adya shraddha of Mintu Deuri held

1 Aug 2016 - 1:07pm | Dibya J Borthakur
The adya shraddha of Mintu Deuri, who was killed in police firing while protesting shifting of the proposed AIIMS from Raha to Changsari, at Raha chariali on July 15  was held at Mahendra Nath...

NEUFC signs Victor Mendy

14 Nov 2015 - 5:49pm | AT News
NorthEast United FC have signed Victor Mendy (Jersey No. 77) to replace injured Boubacar Sanogo (Jersey no. 27). The  Senegal forward Mendy was was all-time leading goal scorer for ...

NDFB(S) man held in Chirang

30 Sep 2014 - 10:32pm | Hantigiri Narzary
Security forces in Chirang arrested yet another NDFB(Songbijit) cadre from  Runikata Tinali on Tuesday a day after four cadres of this outfit were killed at an encounter.Identified as Simang...