Government's foodgrain stocks hit 604 lakh tonnes, nearly three times buffer requirementIndia's food reserves are robust. Wheat and rice stocks in FCI godowns are nearly three times the mandatory buffer. This ensures ample supp...
Decoding govt’s wheat strategy: Can higher procurement push and export quota hike lift the sector?Experts say wheat procurement may be constrained by limited storage, while exports remain largely uncompetitive globally.
West Bengal: ED raids premises in Kolkata, Burdwan in PDS 'scam' caseThe Enforcement Directorate (ED) on Saturday carried out raids at multiple locations in West Bengal as part of its money laundering investi...
Govt's wheat procurement to drop 69% due to delayed arrivalsWheat procurement is set to drop significantly in the 2026-27 marketing year. Unseasonal rains delayed grain arrivals and affected quality....
Wheat crop in good condition; govt procurement to be normal: Ashok K Meena, FCI“Area sown to wheat is higher than last year. The current condition of wheat crop is very good. Our procurement should be normal at 300-400...
Govt further cuts reserve price of FCI wheat to Rs 2,150 per quintal for bulk users to check pricesStates are allowed to purchase wheat from FCI for their own scheme at above proposed reserve prices without participating in e-auction, it ...
Next e-auction of FCI wheat under OMSS to bulk consumers to be held on Feb 15: GovtThe first sale of wheat through e-auction was held on February 1-2. About 9.2 lakh tonnes of wheat was sold from FCI depots in 23 states. T...
Wheat processors pick 42% of wheat offered in FCI’s first tenderDomestic wheat prices, which had crashed by more than 6% last week after the FCI's announcement that it would be selling the grain in the o...
Record-high wheat prices may impact government buyingFor the FCI to buy enough wheat to ensure food security of the country, in the run-up to the 2024 general election, either the open market ...
FCI eyeing Rs 10,400 crore from sale of wheat in open marketIn a bid to monetise its surplus wheat stocks, state-run FCI aims to realise more than Rs 10,400 crore by the end of current fiscal by sell...
FCI may sell record 7 million tonnes wheat to bulk buyers in FY16In 2014-15 fiscal, the FCI sold 4.2 million tonnes of wheat as against the target of 10 million tonnes. While in the previous year, it had ...
Food Corporation of India to sell wheat in open market in Punjab & Haryana from JuneThe government has decided to sell FCI wheat to bulk consumers from June in Punjab and Haryana, while from July in other wheat growing stat...
FCI to sell wheat in open market to non-procuring states in FY16"The sale of wheat under the open market sale scheme will be continued after March 31, 2015 only in non-wheat procuring states," said a cir...
- Govt okays export of 5 mn tonne FCI wheat via pvt traders
Sitting on a huge pile of wheat stock, the Centre today allowed export of extra 5 million tonne of the grain from its godowns.
- Govt falls short of wheat buying target
High temperature coupled with low production has impacted the Food Corporation of India (FCI) wheat procurement across the region.
- Few takers for FCI wheat tender
Flour millers across the country have responded unfavourably to the wheat procurement tenders floated by the Food Corporation of India in O...
- Poll bonanza: Taxpayers' money to reward traders!
The government is using taxpayers' money to boost the bottomlines of a handful of private traders and MNCs by supplying them 2 million tonn...