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Domestic price

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Govt extends 20% export tax on parboiled rice until further order.
HimasameeraFebruary 22, 2024February 22, 2024 (1 year ago)

The Indian government decided on Wednesday to keep the 20% export tax on parboiled rice in effect past March 31. In August of last year, the government levied a 20 percent tariff on the export of […]

The stock of rice and wheat in FCI exceeds the buffer norm.
HimasameeraJanuary 4, 2024January 4, 2024 (1 year ago)

The government-owned Food Corporation of India (FCI) will keep selling rice and wheat on the open market since it possesses more of both grains than is needed in accordance with the buffer rule. However, based on […]

By April, the government’s wheat supplies might be insufficient.
HimasameeraDecember 12, 2023 (1 year ago)

The stocks kept with the Food Corporation of India (FCI) may fall below the buffer requirement by the start of the next fiscal year as a result of the government’s decision to suppress price increases by […]

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