FOOD CORPORATION OF INDIA

India's protesting farmers hold key to self-reliance in edible oils

Only the prospect of financial support will encourage farmers to switch from grain crops, with their government-set prices, to the less pre...

Food & Consumer Affairs ministry completes herculean tasks in COVID times

The ministry's consumer affairs department too played its role efficiently by taking speedy measures on the regulatory front to ensure adeq...

How India's grain policies have stoked FCI's debt binge

Farmers 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...

Govt procures paddy worth Rs 86,243 crore this kharif season so far at MSP

Food Corporation of India (FCI) and other state agencies have procured 456.79 lakh tonnes of paddy till December 27 as against 366.19 lakh ...

Govt procures paddy worth Rs 79,675 cr at MSP so far; purchase in volume terms up 22 pc

Paddy procurement for kharif 2020-21 is continuing smoothly in Punjab, Haryana, Uttar Pradesh, Telangana, Uttarakhand, Tamil Nadu, Chandiga...

By January, grain stock to be 2.7 times more than needed

Figures show procurement continued even after FCI stocks met the demands of the country’s food security and other welfare schemes.

View: A free market shackling farmers

From day one, the Modi govt has been reducing subsidies, selling assets of the ‘Maharatna’ and ‘Navratna’ PSUs, and helping corporates thro...

View: Govt should set up a few institutions, like a contract farming regulator, to allay farmers’ fears

The agricultural sector is undergoing a structural compositional shift. Foodgrains constitute 18% of the total output against livestock sec...

Govt buys 368.7 lakh ton kharif paddy so far at MSP for Rs 69,612 cr

The Food Corporation of India and state agencies have purchased 368.7 lakh tonnes of paddy up to December 10 as against purchase of 300.97 ...

Adani Group says does not buy food grains from farmers; only manages storage for FCI

FCI buys food grains from farmers and stores them in silos built through a public-private partnership. While private players are paid a fee...

Govt's paddy buying rises 18.8 per cent so far, highest bought from Punjab

The Centre has given nod for procurement of 45.24 lakh tonne of kharif pulses and oilseeds this year under the Price Support Scheme (PSS) t...

Government's MSP paddy procurement rises 20.25% so far this kharif season

Paddy procurement commenced in Punjab and Haryana from September 26 due to early arrival of the crop, while in other states from October 1.

Govt asks FCI to tie up with rice mills to boost supply of fortified rice

According to Food ministry, "FCI has been asked to tie up with the rice mills in different regions for necessary investments in this regard...

Paddy procurement up 26% this kharif season; Govt procures 170.53 lakh tonne at Rs 32,196 crore

Out of the total purchase, Punjab alone has contributed 114.97 lakh tonne, which is around 67 per cent of the total procurement. "About 14....

Government procures 98.19 lakh ton paddy at MSP for Rs 18,540 crore

The sanctions for procurement of 1.23 lakh tonnes of copra for the states of Andhra Pradesh, Karnataka, Tamil Nadu and Kerala were also giv...

Government procures over 11 lakh tonnes paddy at MSP in last 10 days

Procurement of paddy, the main kharif crop, began from September 26 in Punjab and Haryana, while it started on September 28 in other states.

System flush with funds, Food Corporation of India borrows at under 4.6%

The lowest bid has come from HDFC Bank, which will provide around Rs 7,500 crore loans, followed by 4.75% from PNB, which is ready to relea...