-The Hindu Business Line Wheat stocks already low due to low production, concerns mounting about dip in paddy sowing Rice and wheat stock in the Central Pool, managed by the Food Corporation of India (FCI), is at a five-year low, mainly due to lower procurement of wheat. Rice stock, though above 2020 level, may deplete fast in case there is a drop in production during current kharif season as paddy transplanting has...
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Cereal inflation would be hard to tame amidst low rice acreage
Is India going to face inflation in cereal prices during the rest of the current financial year? Experts differ on this. An analysis by Nomura Global Economics and CEIC finds that a below normal monsoon does not always translate into high retail inflation in food. Similarly, an above normal southwest monsoon does not always bring down the rate of food inflation. However, some agricultural experts (please click here, here and...
More »Review: Standing Committee asks FCI to work towards reduced wastage & stringent action against delinquent officials -Sai Krishna Muthyanolla
-Factly.in The parliamentary standing committee on Food, Consumer Affairs, and Public Distribution presented a report regarding the Procurement, Storage and Distribution of Food grains by the FCI in August 2021. The government has now presented its action taken report. Here is a review. Food security is an important element of a nation’s stability and prosperity. The starting point for ensuring food security is the procurement stage, followed by storage, and distribution. In...
More »'Wheat stocks can be 80% higher than buffer requirement by Apr 1 next year'
-PTI/ Business Standard The government on Friday said wheat stocks in FCI godowns is expected to be 134 lakh tonnes at the start of next fiscal, 80 per cent more than the buffer norm. The government on Friday said wheat stocks in FCI godowns is expected to be 134 lakh tonnes at the start of next fiscal, 80 per cent more than the buffer norm. In a written reply to Rajya Sabha, Food...
More »UP & Gujarat demand more wheat under PDS -Sandip Das
-Financial Express The beneficiaries under public distribution system in the states were allocated wheat and rice in proportion of 3 kg (wheat) and 2 kg (rice) for each beneficiary per month till May. States including Uttar Pradesh and Gujarat on Tuesday demanded restoration of wheat supply under the National Food Security Act (NFSA) and Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) by stating that beneficiaries need both rice and wheat as per...
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