India does not have enough surplus stocks of foodgrains for exports in the short-term and the country needs to boost its farm production significantly, to meet the expected rise in domestic demand by 2020, a top official of FCI said on Wednesday. "The country has adequate stock of foodgrains to meet our needs...there is not much surplus availability of the food grains for export in the short-term," Food Corporation of...
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Rangarajan panel to examine NAC suggestions on food bill tomorrow by Gargi Parsai
The experts group, chaired by chief of the Prime Minister's Economic Advisory Council C. Rangarajan, set up by Prime Minister Manmohan Singh to examine the recommendations of the National Advisory Council (NAC) on the proposed National Food Security Bill, will hold its first meeting here on Friday. Even as the NAC is formulating the draft Bill, the experts group will examine the proposals and come up with its suggestions. A meeting of...
More »NAC to discuss draft of Food Security Bill by Gargi Parsai
The National Advisory Council (NAC) will meet here on Friday to discuss the working group's draft of the National Food Security Bill. The draft suggests the setting up of an autonomous body for grievance redress and enforcement of penalties. The authority could function along the lines of the national and State-level commissions set up under the Right to Information Act. The draft Bill defines the penalties for violations of the Act, and...
More »Scam detected in FCI godown by Kumod Verma
A scam worth about Rs 8.81 crore has been detected in the Food Corporation of India (FCI) godown at Dumroan in Buxar district. While assistant manager of the godown Umakant Dubey has been suspended by senior area manager of FCI Sandipan Chattopadhyay, an FIR has been lodged with the Dumroan police station in this connection. According to Chattopadhyay, the FCI has been running two popular schemes -- Karif Marketing Season (KMS)...
More »FCI to add 16 mn tonnes foodgrain storage capacity in 2 yrs
Food Corporation of India (FCI) today asserted that loss of foodgrain stored at its godowns is minimal and said the government would add 16 million tonnes of capacity within the next two years. "It's not true to say that storage loss is as high as 30 per cent...Storage loss is less than 0.4 per cent for rice and none for wheat," FCI CMD Siraj Hussain said at a conference. "Bulk wheat-producing states...
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