Food Corporation Of India

Unexpected, but also unacceptable

Russian invasion's multi-dimensional impact, and India's meek acceptance of the damage done to its economy

Tax revenue boost or expenditure cuts can help meet fiscal deficit target

The impact of Saturday's excise duty cuts will be Rs 1 trillion for a year, Finance Minister Nirmala Sitharaman had said

India's wheat export boom brings a bonanza to farmers, and budget relief

For international wheat markets, India's sales are helping offset a supply shortfall resulting from Ukraine-driven disruptions in Black Sea region, crop cuts in Canada, quality downgrades in Australia

Punjab CM Mann urges Centre to relax norms for shrivelled grains

Wheat growers in Punjab have reported drop in crop yield and shrivelled grains because of the early onset of heat wave

Centre releases Rs 2.94 trn to FCI, states as food subsidy last fiscal

The Centre has released Rs 2,94,718 crore towards food subsidy during the last fiscal to Food Corporation of India (FCI) and states, which is slightly higher than the revised budget estimates. During the financial year 2021-22, the Department of Food & Public Distribution released Rs 2,94,718 crore towards food subsidy, under both DCP (decentralised procurement) and non-DCP operations put together, against the revised Estimates of Rs 2,92,419.11 crore. "This release of food subsidy is about 140% of the food subsidy released during 2020-21 and about 267 per cent of the food subsidy released during 2019-20," an official statement said. The subsidy has been released for procurement operations under MSP (minimum support price) and seamless distribution of foodgrains under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) and National Food Security Act 2013 (NFSA). In the last fiscal, the department spent 99.83 per cent of its expenditure by incurring Rs 3,04,361 crores against net .

Cabinet nod to distribute fortified rice under central schemes

According to an official statement later, the Food Corporation of India (FCI) and state agencies have procured 88.65 metric tonnes of fortified rice for supply and distribution

Telangana to step up pressure on Centre for entire paddy procurement

The Chief Minister has convened a meeting of the Telangana Rashtra Samithi (TRS) Legislature on March 21 to chalk out the strategy in this regard

India's food subsidies plan needs to improve coverage, plug leakages

A crucial safety net, the food subsidy is used to protect farmers against low market prices and provide consumers with affordable food grains through the public distribution system (PDS)

FCI operating 2,199 warehouses for storage of food grains: Govt

The government on Friday told the Rajya Sabha that the Food Corporation of India is operating a total of 2,199 warehouses, owned, or hired, across India.

Establish grievance redressal mechanism for farmers in distress: Goyal

Piyush Goyal asked the Food Corporation of India to establish a grievance redressal mechanism so that the government can rapidly react to the farmers and farmer producer organisations in distress

Food subsidy in FY22 to be about Rs 4 trn vs BE of Rs 2.4 trn: Food secy

Under NFSA, the Centre gives highly subsidised food grains at Rs 1-3 per kg to over 810 million people through the public distribution system

Direct FCI to confirm rice procurement target from state: KCR to Modi

K Chandrasekhar Rao on Wednesday wrote to PM Modi, urging the Centre to direct the FCI to confirm the target of rice procurement from the state during ensuing Rabi season, among others

Food Corporation at the crossroads as grain oversupply meets flat demand

Govt's food storekeeper is procuring twice the quantity national welfare schemes need. It is aware of the problem, and may soon find newer ways to dispose available stocks

Use of FCI rice for ethanol making only an interim measure: Centre

Will achieve 8-8.5 per cent blending with petrol this year, says food secretary Sudhanshu Pandey

What did FCI do differently this season to push wheat procurement?

Experts point to three major initiatives that led to a bumper purchase and laid the foundation for deeper and more structural reforms in the annual grain procurement process

Clean slate: Govt clears FCI's liabilities to National Small Savings Fund

The government made the cash infusion before the financial year 2020-21 ended, letting FCI begin FY22 on a clean slate in terms of unsecured loans

Gopal Rai making false claims on wheat procurement by FCI: Delhi BJP

The Delhi BJP on Friday accused Agriculture Minister Gopal Rai of making "false" statements on wheat procurement by the Food Corporation of India, and challenged him to prove the charges or resign

Farmers in Punjab, Haryana 'gherao' Food Corporation of India offices

Farmers in Punjab and Haryana on Monday held protests outside Food Corporation of India (FCI) offices and raised various demands, including a legal guarantee for the minimum support price

All 20 FCI regional offices asked to implement vehicle tracking system

FCI has been asked to install a vehicle tracking system in all its 20 regional offices to track the trucks moving subsidised foodgrains

Recover wagon maintenance fee from Adani Agri Logistics, Rlys told

The maintenance of these wagons will be done by Indian Railways on payment under an agreement to be executed with AALL