The Centre today sought to justify the export ban on onion by saying that the wholesale price of onion in Nashik, the country’s largest wholesale hub for the bulb crop, had declined by 33 per cent to Rs 2,500 per 100kg or Rs 25 a kg. The impact will not be felt immediately on kitchen budgets as it will take some time – “two to three weeks”, according to Sharad Pawar...
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Relax conditions for paddy procurement: Badal urges PM
Punjab Chief Minister Parkash Singh Badal has sought direct and immediate intervention of Prime Minister Manmohan Singh to offer relaxations in the specifications of paddy for its procurement by the Food Corporation of India and state agencies. The CM said a failure to take immediate corrective and remedial action could lead to serious law and order problem in the days to come. Badal has also written to Union Agriculture Minister Sharad...
More »Guru: Paddy storage capacity to increase
To meet the rising demand of storage space for food grains, especially during procurement seasons, the Food Corporation of India (FCI) and other agencies have invited tenders for 70 lakh metric tonnes of storage capacity. Principal Secretary to the Punjab Chief Minister Darbara Singh Guru, who was here to take stock of the arrangements of paddy procurement at the grain markets in border districts, said this on Tuesday. Talking to the...
More »Orissa cuts dependancy on FCI, targets 32 lakh tonne rice
The Orissa government has set a target of procuring 32 lakh tonne of rice this time despite bad weather, reducing dependance on the Food Corporation of India (FCI), official sources said today.The decision not to wholly depend on the FCI was taken at a cabinet meeting chaired by Chief Minister Naveen Patnaik here last night."As performance of FCI was not satisfactory in 2009, the state government decided to reduce target...
More »FCI ties up with banks for direct payment to farmers
Food Corporation of India (FCI) has tied up with a few banks for direct payment to farmers for the grains to be procured in the kharif marketing season 2010-11. "We are firm on our stand and we will try to put direct payment system to farmers into operation from the coming paddy procurement season," a senior official of FCI told media here. FCI has made arrangements with the State Bank...
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