However, the government is yet to decide the ethanol price which may soon be revised upward from ₹58.50/litre as it was fixed when FCI rice was sold at ₹20/kg in 2023-24.

By BL New Delhi Bureau

The Centre has decided to fix the rice price at ₹28/kg from the stock of the Food Corporation of India (FCI) for supply to distilleries for production of ethanol. The selling price before Tuesday’s revision was variable and at par with average auction rate in the weekly e-auction taking place now.

However, the government is yet to decide the ethanol price which may soon be revised upward from ₹58.50/litre as it was fixed when FCI rice was sold at ₹20/kg in 2023-24.

However, there is no change in open market reserve/sale price of rice for other categories, such as private parties, Cooperatives, Small Private Traders, Entrepreneurs, Individuals, State Governments NAFED/NCCF/Kendriya Bhandar (for retail sale under “Bharat’ brand) and Community Kitchens and those remain at ₹2400/quintal and ₹2800/quintal.

Published Date: January 8, 2025