Retail inflation in urad in May was 14.06% on year and the prices had been in the double digit since November, 2023 Written by Sandip Das The price for wheat is lower than its
Rabi buy pegged at 5.78 million tonnes as totally lifts 52.08 million tonnes BY PRABHUDATTA MISHRA The procurement of kharif-grown rice in the 2023-24 season (October-September)
Considering that the opening stock of rice with the FCI on October 1, 2023, was at 31.5 mt, the surplus quantity purchased over the requirement, will be good enough to build a
They have returned 23,123 tonnes of rice so far. But, they did not deliver 5,918 tonnes of the rice till now. They were imposed a penalty of 25 percent for delaying the delivery.
India’s rice stocks in state-owned granaries have reached a record high, nearly four times the summer buffer target. The Union government is exploring measures to decrease
The government normally procures about 12.5-15 million tonnes (mt) of excess rice each year, which it then offloads under public distribution system (PDS) and other welfare
FCI struggles with surplus rice stock of 534 lakh tonnes, affecting procurement decisions. Govt must address surplus liquidation and distribution challenges to meet annual rice
Market hopes hinge on India easing curbs and geopolitical developments BY SUBRAMANI RA MANCOMBU Prices of white rice have dropped to $602 a tonne for shipments from Thailand and
Special CBI court in Mohali on Wednesday sent the three Food Corporation of India (FCI) officials from Bathinda and a mill owner to three years’ rigorous imprisonment besides