FCI
Grain storage: Creation of modern silos way below target
As the protesting farmer leaders against the three contentious farm laws have been alleging that warehouses were first created by corporates to store the foodgrains followed by the amendment in the Essential Commodities Act,
Foodgrains for poor move at record pace after govt allows states to take food on credit from FCI
To fulfill the government's promise, FCI is providing wheat and rice directly, without going through the e-auction route.
कोरोना संकट: FCI से राशन का तीन माह का अनाज उधार पर उठा सकेंगे राज्य, वित्त मंत्रालय ने दी मंजूरी
सार्वजनिक वितरण प्रणाली (PDS) के तहत लगभग 75 करोड़ लाभार्थी आते हैं.
FCI inks pact with Adani Group for construction of 2 silos
As part of the agreement, Adani Agri Logistics will construct silos at Kotkapura in Punjab and Katihar in Bihar in the next two years, a senior government official said.
Why India may need to import up to 5 million tonnes of wheat
In 2016-17, import at the current rate of exchange (without custom duty) may not exceed Rs 1,400 per quintal against an MSP of Rs 1,525 per quintal.
FCI to discontinue OMSS wheat sale as stocks fall
The Food Corporation of India (FCI) is likely to discontinue the Open Market Sale Scheme (OMSS) of wheat effective July, as its grain stocks have fallen sharply because of lower procurement in the current season.
FCI to launch online procurement system for foodgrains in October
In order to bring in more efficiency and transparency in the foodgrain procurement system, the Food Corporation of India (FCI) has decided to follow an online system equipped with detailed information about farmers getting mi
Govt releases Rs 25,834 crore subsidy to FCI this fiscal
The government has released Rs 25,834 crore subsidy to the Food Corporation of India (FCI) so far this fiscal.
FCI raises Rs 30k crore as short-term loan for capital needs
In view of mounting food subsidy arrears, state-run Food Corporation of India (FCI) has raised Rs 30,000 crore as a short-term loan from consortium of banks including SBI and PNB to meet working capital requirements.
FCI sells 3 MT of wheat in open market against target of 6 MT
In the last couple of months, the Food Corporation of India’s (FCI’s) attempts to sell excess wheat stocks in the open market through bulk buyers have picked up pace.
FCI interest burden swells as govt’s outstanding dues pile up
With the finance ministry's outstanding dues to the Food Corporation of India (FCI) piling up, the corporation's debt burden is rising relentlessly.
Column: Saying goodbye to the MSP regime
There is no necessity to ‘fix’ MSP of commodities because markets are incorrigibly volatile.
FCI to set up 2-MT silos with private sector participation
To create modern grain storage facilities, FCI would commence the tendering process to set up silos with at least 2 million tonne...
Finmin support falls short; FCI dues to rise
Expenses in FY15 may exceed budgeted amount by R10,481 cr.
That ’70s show: ‘Levy rice’ to end in October
The government has decided to dispense with “levy rice”, a mandatory system under which rice millers...
