-NDTV.com Here's a story that won't make the 9 pm news. As per reports in a few regional language newspapers (yes, they still have The Spine), the Union is proposing an increase in the prices of rice, wheat and cereals sold through the National Food Security Act (NFSA) by Rs.7 per kg for Priority Households (PHH). Apparently, NITI Aayog has even recommended that the Food Ministry increases the price for sale to...
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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 »'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 »Does India have enough rice for welfare schemes and ethanol? What the govt is missing -Siraj Hussain
-ThePrint.in Procurement of rice stocks has seen a significant increase. But India is seeing deficient rains and increase of ethanol distilleries. The Narendra Modi government’s move to ban wheat export was followed by several other measures to conserve stocks, which were projected to deplete in 2022-23 on account of lower procurement in the central pool, continuation of Pradhan Mantri Garib Kalyan Anna Yojana up to September, and the possibility 5 million tonnes...
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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