A senior Health Ministry official said that the price hike was to ensure that there would be no shortage of medicines in the market and that manufacturers and consumers mutually benefit. File image for representation purpose only. Photo: Special Arrangement Prices of essential medicines set to see a hike from April 1 Prices of 384 essential … 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
The Punjab government on Thursday said the RBI extended the cash credit limit (CCL) for the ongoing wheat procurement from the state. The Reserve Bank of India (RBI) extended the CCL of Rs 3,378.15 crore till the end of May. With this, the sanctioned limit of Rs 24,773.11 crore for April-end has been enhanced to … Read more
The Food Corporation of India (FCI) procured 27% less in the first 20 days of wheat procurement season compared with the same period last year, even as private players have stepped-up their procurement leading to fear of increased prices of the foodgrain in coming months. ET takes a look: Source link
Around 433.32 LMT wheat procured in the current marketing season RMS 2021-22 so far, against the last year corresponding purchase of 387.66L MT -11.77 % more in comparison to last year’s corresponding period. This is an all time high, said the Ministry of Consumer Affairs, Food & Public Distribution. About 49.14 Lakh farmers have already … Read more