Due to Food Corporation of India (FCI)’s active sale of grains on the open market during this fiscal year and minimal procurement over the previous two years, wheat inventories in the central pool dropped to a […]
Bharat rice to hit market, with price tag of Rs 29/kg.
According to sources, the government has decided to stop price increases by selling grain that has been subsidized through retail outlets as part of the Bharat rice project starting next week. In the coming days, a […]
India right now has no intentions to import wheat.
India, the second-largest producer of wheat in the world, has no intention of importing the grain, and its farmers are expected to harvest a bumper crop that would increase stocks, the trade minister announced on Saturday. […]
FCI Wheat Prices Surge ₹61/quintal Ahead of New Crop Arrival
Food Corporation of India’s e-auction records prices that increase by ₹61/quintal in a month, compared with the minimum support price, amid expectations of an upcoming wheat crop. The spike in the average selling price, which reached […]
By April, the government’s wheat supplies might be insufficient.
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 […]
The government increases the amount of wheat allotted for open market sales.
In order to lower prices, the government has chosen to release 0.3 million tonnes (MT) under the Food Corporation of India’s (FCI) open market sale system (OMSS) in its weekly e-auction starting next month, compared to […]
FCI won’t procure parboiled rice, States can do so: Centre
Dashing all hopes of the State government, the Centre has once again made it clear that the Food Corporation of India (FCI) would not procure parboiled rice from any State, including Telangana. The Centre, however, clarified […]
Grains godowns of states to be made part of FCI’s digitised system soon
The government will shortly roll out a system for real-time tracking of rice and wheat held in state government godowns, in terms of volume and quality, to complete the digitalization of foodgrain storage facilities across states. […]