Wheat output estimate gap raises speculation concern Wheat output estimates differ by 5MT, sparking price speculation concerns. Govt forecasts 115.4MT, industry 110MT. Harvest begins, prices expected to… March 19, 2025 21:36 IST
House panel raps ministries for non-payment of dues to FCI In FY25, as per the revised estimate out of the total food subsidy budget of Rs 2.03 lakh crore, Rs… March 13, 2025 20:51 IST
Resumption of broken rice exports to boost growth in west Africa, Indonesia markets In FY24, India shipped rice worth $10.41 billion, a decline of 6.5% on year, as shipments were hampered because of… March 10, 2025 22:21 IST
Govt lifts ban on broken rice exports Exporters say that rice exports in the entire FY25 may see an increase of 15%, because of a robust global… March 7, 2025 23:48 IST
Govt offloads 3 MT of wheat in market in FY25 According to industry estimates, the wheat stock is likely to be in the range of 10 – 11 MT on… March 6, 2025 21:31 IST
FCI may take Rs 40,000 crore loans The FCI currently holds foodgrain stocks of 50.85 million tonne (MT) — 36 MT of rice and 14.85 MT of… February 25, 2025 01:30 IST
Upfront release of food subsidy to curb FCI’s PDS cost To bridge cash-flow mismatch, there is a provision for FCI to avail short term loan with a tenure of 90… January 28, 2025 03:00 IST
Ethanol production to get a boost from rice allocation at lower prices Grain-based ethanol manufacturers across Punjab, Haryana, Uttar Pradesh, Maharashtra, Madhya Pradesh, Bihar, West Bengal and Tamil Nadu currently using maize… January 21, 2025 03:30 IST
MSP paddy purchases drop 20 per cent amid storage crunch FCI annually supplies 38 MT of rice for supply to the beneficiaries under the Pradhan Mantri Garib Kalyan Anna Yojana. November 2, 2024 03:00 IST
Upfront release of subsidy to FCI cuts PDS cost Corporation, saddled with surplus grain stocks, won’t need short-term loans this fiscal. August 14, 2024 04:00 IST
States to buy rice from FCI outside e-auction window The FCI currently holds 45.57 million tonne (MT) — 32.68 MT of rice stocks and 12.89 MT of grain receivable… July 30, 2024 22:48 IST
Govt hikes FCI capital by 110% to Rs 21,000-cr; move to reduce borrowings, help contain food subsidy According to a food ministry notification on Friday, the move would infuse additional equity capital to fund the foodgrains stocks… February 17, 2024 01:30 IST
FCI to build 3.4 MT wheat silos under PPP mode in next 18 months The Food Corporation of India (FCI) is aiming to construct wheat silos with combined capacity of 3.4 million tonne (MT)… January 11, 2024 01:00 IST
E-auction gathers pace: Open market sale of wheat by FCI may hit all-time high of 10 MT This year, the FCI started offloading wheat from its stocks in June, much earlier than the usual practice of commencing… December 28, 2023 01:30 IST
FCI offloads more wheat, sales price falls, approaches reserve level Inflation in wheat declined 6.36% last month from 7.6% in October. December 14, 2023 01:45 IST
FCI sells 1.89 lakh tonne wheat, 5,000 tonne rice in 15th weekly e-auction under OMSS According to the food ministry, about 1.89 lakh tonne of wheat was sold in the weekly e-auction held on October… October 5, 2023 14:30 IST
Govt may reduce OMSS rice price to lure buyers Traders say price offered under e-auction higher than market rates July 18, 2023 00:30 IST
FCI to sell 4.29 lakh tonne wheat, 3.95 lakh tonne rice in 3rd e-auction to be held on July 12 In the previous e-auction conducted on July 5, a total quantity of 1.29 lakh tonnes of wheat was sold to… July 7, 2023 22:01 IST
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