Under the PMGKAY, free foodgrains are to be provided to about 81.35 crore beneficiaries of Antyodaya Anna Yojana (AAY) and Priority Households (PHH). Photo: Special Arrangement In the run-up to the 2024 general election expected to be held between April and May, the Central government is ensuring that the brand of Prime Minister Narendra Modi … Read more
The Food Corporation of India (FCI), for the coming e-auction on November 8, has offered about 2,700 MT of wheat to Andhra Pradesh, including 100 MT for the Union Territory of Port Blair. The wheat purchased from the FCI under the Open Market Sale Scheme-Domestic (OMSS-D) must be processed and released to the market for … Read more
Civil Supplies Minister Gangula Kamalakar has requested the Food Corporation of India (FCI) to provide more space, and increase the rack movement without any delay. He said that the Union government must not escape from its responsibility of procuring paddy from farmers. The Minister was talking to the millers from across the State here on … Read more
Wheat crop is in good condition and the government’s procurement would be normal at 300-400 lakh tonne in the 2023-24 marketing year starting March, FCI Chairman and Managing Director Ashok K Meena said on Thursday. “Area sown to wheat is higher than last year. The current condition of wheat crop is very good. Our procurement … Read more
Procurement of paddy for the central pool in the ongoing 2022-23 kharif marketing season was 6.8% higher at 21.45 million tonnes as on November 7, compared with 20.08 million tonnes a year earlier, according to latest data from Food Corporation of India (FCI). The data indicate that this year, the government will actively procure paddy … Read more
Wheat Delhi prices have jumped by over 21 per cent since April till date buoyed by lower production, strong export demand, and lower Government procurement. Wheat price touched new highs of Rs 2,650 on October 21. Prices would trade bullish in the price band of Rs 2,600-2,700 in the short-term Target Price Rs 2,557. Most … Read more
The government will increase allocation of rice and decrease that of wheat to beneficiaries under its free grains programme as part of efforts to ensure availability of wheat in the domestic market amid a forecast of reduced crop yield this year. Under the Pradhan Mantri Garib Kalyan Ann Yojana (PMGKAY), 800 million poor people are … Read more
The Centre has released Rs 2,94,718 crore towards food subsidy during the last fiscal to Food Corporation of India (FCI) and states, which is slightly higher than the revised budget estimates. During the financial year 2021-22, the Department of Food & Public Distribution released Rs 2,94,718 crore towards food subsidy, under both DCP (decentralised procurement) … Read more
Pune | New Delhi: ITC, India’s largest wheat exporter, expects a threefold increase in the country’s wheat exports in FY23 and the domestic prices to reign at a higher level round the year. ITC‘s estimate of wheat export is higher than the government and trade estimate by over 40%. ITC is the largest buyer of … Read more
The Centre has procured 741.62 lakh tonne of paddy in the ongoing 2021-22 marketing year so far at the minimum support price (MSP), Union Food Ministry said on Monday. “Till now about 105.14 lakh farmers have been benefitted with MSP value of Rs 1,45,358.13 crore,” the ministry said in a statement. A quantity of 741.62 … Read more