Page 4 of FCI

FCI to offload wheat to check prices

Close to 3 MT of grains to be sold in open market despite low stocks

October 31, 2022 02:15 IST

More than needed grain stock in store till April, says Govt amid supply disruption worries

India had about 227 LMT (lakh metric tonnes) of wheat and 205 LMT of rice in godowns as on 1…

October 18, 2022 17:40 IST

FCI, private storage depot, private storage depot lease,

FCI to extend half of private storage depot leases

Under PEG scheme, grain storage capacity is created by private parties, the central warehousing corporation (CWC) and state government owned…

September 19, 2022 05:45 IST

fci, wheat, rice, foodgrains, food stock

FCI’s wheat stocks plunge to 14-year low

Rice stocks still comfortable, could dip sharply if free ration scheme is extended beyond September.

September 6, 2022 06:05 IST

It also asked states to follow an open tendering process to cut costs of short-term loans and move paddy stocks from procurement points directly to mills.

FCI grain procurement: Food ministry asks states to cut mandi levies to 2%

For rice and wheat procurement from farmers, the Food Corporation of India (FCI) paid more than `11,300 crore to states…

Updated: July 9, 2022 11:33 IST

Sources told FE that estimated private investment in building these silos over the next two years will be around Rs 2,500 crore.

FCI floats tender for 2.47 million tonne of wheat silos via PPP model

Silos with 1.8 MT capacity for 20 locations in Punjab; 720,000 tonne for 24 locations in Bihar, Uttar Pradesh and…

June 24, 2022 02:00 IST

Sources told FE that against demand of around Rs 47,000 crore towards the expenses for April-June, 2022, FCI has been provided with only around Rs 33,000 crore so far under the food subsidy budget.

FCI to raise Rs 50,000 crore short-term loan from banks next month

The corporation has been relatively comfortable with the cash position over the last one year as the government promptly released…

June 22, 2022 02:00 IST

Curbs on rice exports unlikely at this stage

India exports aromatic and long grain basmati rice to Saudi Arabia, Iran and other West Asian countries besides to the…

May 27, 2022 02:30 IST

For the first time, two rice silos with a combined storage capacity of 25,000 tonne are currently being built at Buxar and Kaimur in Bihar by private entities for FCI on a pilot basis.

FCI floats tender to build silos, private investment seen at Rs 720 cr

The FCI will use the silos for storage of wheat through a lease of thirty years with private entities. Fixed…

May 25, 2022 03:10 IST

Food subsidy release delayed: FCI resorts to large short-term loans

The Food Corporation of India (FCI) has again started to take large amounts as short-term loans and wage and means…

May 24, 2022 03:30 IST

The government had committed to supply 12.98 MT of rice under PMGKAY, but the supplies may be increased because of the low wheat stocks.

FCI wheat stocks plunge to 5-year low: Govt may raise rice supplies under free ration scheme as wheat stocks fall

While the government requires about 25-26 MT of wheat annually for the implementation of NFSA, another 10 MT of the…

May 3, 2022 01:00 IST

That is quite unusual for the state, where government procurement has conventionally been the most robust in the country and private traders used to have only a marginal role.

On the wheat trail: State granaries under strain, private traders make hay

Crop loss, lower procurement to deplete FCI stocks; local supplies may suffice for PDS, free-ration schemes

April 25, 2022 05:45 IST

Sources said that production of rice in par-boiled consuming states such as Jharkhand, Kerala and Tamil Nadu has increased.

FCI won’t buy Telangana’s 1.5 million tonne of par-boiled rice under public distribution system

Telangana chief miniser K Chandrashekhar Rao on Monday commenced a dharna in Delhi for demanding that FCI should procure entire…

April 12, 2022 06:00 IST

FCI to use land pool to attract private investment in storage infrastructure

Sources told FE that additional storage facilities creation would reduce FCI’s dependence on hired godowns from private entities for storing…

April 8, 2022 03:50 IST

Grains godowns of states to be made part of FCI’s digitised system soon

As part of the depot online system (DOS), around 2,200 storage facilities or godowns owned and hired by the Food…

March 29, 2022 01:15 IST

Workforce rationalisation: Food Corporation of India mulls VRS package, aims to save Rs 2,000 crore annually

The workers under DLS get Rs 50,000-100,000 a month as salary and other benefits.

March 24, 2022 01:00 IST

This would ensure transparency in the stock movement and facilitate timely intervention for ensuring that highly subsidised foodgrains are supplied to beneficiaries residing in remote locations and some of the hilly states.

FCI to use GPS facility to track grain movement in N-E

The tracking system currently being piloted is aimed at monitoring vehicles owned by private contractors used by the FCI to…

March 19, 2022 02:45 IST

According to a senior official, out of the total grain storage facility of 98 million tonne (MT) with FCI and state government affiliated agencies, around 19 MT of wheat stocks are virtually kept in the open in the so-called covered and plinth (CAP) facilities, where the grain can’t be stored for more than six months.

FCI to stop storing wheat in the open by September

Under the action plan for eliminating storage of wheat in CAP facilities, FCI aims at transferring wheat currently stored in…

March 12, 2022 04:30 IST

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