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....
Flour mills under FCI scanner as wheat prices continue to riseThe FCI sells wheat to flour mills and other bulk consumers under the open market sales scheme (OMSS) to keep domestic prices down. In June...
Wheat procurement to be delayed by a fortnight due to the unseasonal rainfallProcurement centres have already been opened in Madhya Pradesh and Rajasthan, where arrivals begin early, and will be ready by April 1 in P...
FCI to sell 10.13 lakh tonnes of wheat to bulk users on Wednesday via e-auctionsFood Corporation of India has sold 28.85 lakh tonnes of wheat to bulk consumers in the five rounds of e-auction held so far. According to a...
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 ...
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 ...
How India's grain policies have stoked FCI's debt bingeFarmers say the new laws will shut the regulated wholesale markets they depend on to take their produce. But FCI has racked up huge debts f...
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 not to buy wheat from mandi brokers in UP
The Food Corporation of India (FCI), the government’s grain-buying arm, has decided to keep out mandi brokers while buying wheat from top g...
- 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...