Whim Wallop

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All essential commodities imported by the government are done through the State Trading Corporation of India (STC), including oil & gas, edible oils, pulses, sugar etc. It also imports technical and security equipment on behalf of Forensic Science Laboratories, State Police and Intelligence Departments and Paramilitary organisations. As can be imagined, the major part of its revenues come from importing goods.

This article was originally published on October 30, 2009.