BAJAJ BROKING
FSSAI launches a probe into Nestle's alleged higher sugar content in baby food. The investigation will cover all brands, with a scientific committee's report expected in a month. Nestle India responds, emphasising nutritional quality and ongoing efforts to reduce added sugars.
FSSAI is investigating Nestle due to reports claiming its baby food in India has more sugar than global norms. The move comes after concerns were raised by the Union Consumer Affairs Ministry, prompting FSSAI to initiate a detailed probe into the matter.
Sources indicate that FSSAI's scientific committee is currently examining the issue, with a report expected within a month. This report will serve as the basis for determining the appropriate course of action against Nestle and any other brands found to violate regulations.
Investigation Clouds Over Nestle
Notably, the scrutiny extends beyond Nestle, encompassing all brands selling baby food and infant formula milk in the Indian market. FSSAI has ordered a comprehensive investigation to ascertain whether these products comply with prescribed guidelines. Strict actions are promised against those found to be non-compliant.
The controversy centres around allegations that Nestle has been adding excess sugar to its Cerelac baby cereals sold in India while refraining from such practices in other countries. The Consumer Affairs Ministry cited a report by Public Eye, a Swiss investigation agency, which highlighted these findings.
According to the report, Nestle allegedly adds 2.7g of sugar per serving to its Cerelac products in India, contrary to practices in countries like Germany, Switzerland, France, and the UK.
In response to the controversy, Nestle India has issued a clarification asserting its commitment to ensuring the nutritional quality of its products. The company emphasises its efforts to reduce added sugars in its infant cereal products without compromising on nutrition, safety, or taste. Nestle also highlights its ongoing innovation and reformulation initiatives aimed at further reducing sugar levels in its products.
Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.
This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
For All Disclaimers Click Here: https://bit.ly/3Tcsfuc
Share this article:
Share Market Today | Gift Nifty Signals 100-Point Gap Down, Nifty to Consolidate
06 Sep, 2024 | 4 Min. read
KEC International Secures ₹1,423 Cr Transmission Line Order in Saudi Arabia
06 Sep, 2024 | 1 Min. read
Ashoka Buildcon’s Viva Highways Monetises Pune Land for ₹453 Crore
06 Sep, 2024 | 2 Min. read
Peak Partners To Sell 11% Stake in Indigo Paints via Block Deal
06 Sep, 2024 | 2 Min. read
US Initial Jobless Claims Drop to 227,000 in August.
06 Sep, 2024 | 1 Min. read
Commodities Market Today | WTI Crude Steady at $69.18, Gold Rises 0.8% to $2,546
06 Sep, 2024 | 1 Min. read
Gold Rate Today | Gold Rises 0.8% to $2,546, Silver Gains 2% to $29.14
06 Sep, 2024 | 2 Min. read
Vodafone Idea Share Price Falls 11% After Goldman Sachs Report
06 Sep, 2024 | 1 Min. read
Suzlon Energy Share Price Rises After Corporate Office Sale
06 Sep, 2024 | 1 Min. read
Why is the Stock Market Down Today? Key Factors Explained
06 Sep, 2024 | 1 Min. read
Sona BLW Precision Forgings Plans ₹2,400 Crore QIP at ₹675-700 per Share
05 Sep, 2024 | 1 Min. read
Commodities Market Today | Crude Oil Drops, Brent Hits Low; Gold and Silver Rise
05 Sep, 2024 | 1 Min. read
Analysis to Become a Pro Investor
28 Dec, 2023 | 4 Min. read
Women In Real Estate Investing (Investree)
28 Dec, 2023 | 5 Min. read
How To Check Prudent Corporate Advisory IPO Allotment Status
27 Dec, 2023 | 3 Min. read
How To Boost Credit Score? – Steps to Improve Creditworthiness
27 Dec, 2023 | 4 Min. read
Advantages and Disadvantages of Opening Multiple Demat Accounts
26 Dec, 2023 | 4 Min. read
7th CPC LTC: Leave Travel Concession Rules for Central Government Employees
26 Dec, 2023 | 4 Min. read
7th Pay Commission: House Building Advance (HBA) Interest Rate FY 2023-24
26 Dec, 2023 | 5 Min. read
The Future of Trading: Exploring Bajaj Broking’s Demat Features
26 Dec, 2023 | 6 Min. read
7th Central Pay Commission Cpc Fitment Table
23 Dec, 2023 | 7 Min. read
Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading