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Will intervene in market if wheat price increased abnormally: Centre

-The Hindu FCI has adequate stocks of wheat and rice, says Food Secretary Amid reports of increase in the wheat price during the festive season, the Centre said on Monday that it would intervene in the market if the price increased abnormally. Talking to reporters, Union Secretary of Food and Public Distribution Sudhanshu Pandey said sufficient stocks of wheat and rice were available in the Central pool to meet the requirement of...

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'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...

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Hurdles ahead for One Nation One Ration Card scheme -Sameet Panda

-GaonConnection.com The One Nation One Ration card scheme was launched in June 2019 to reform the Public Distribution System (PDS). However, close to 100 million people are estimated to be excluded from the PDS. There are several other challenges in the new scheme that need to be addressed. The condition of migrant workers suddenly shot to the limelight in the early stages of the COVID-19 pandemic as hundreds of thousands of migrants...

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Making Ethanol from Rice Hurts India’s Poor -Soma Marla

-Newsclick.in Government must explore non-conventional resources to achieve energy security. Its current policy to blend ethanol and biodiesel helps the biofuel industry at the cost of food security. In a recent press conference, the Union Food Secretary Sudhanshu Pandey said that in 2020-21 the Centre allocated about 78,000 tonnes of rice from the Food Corporation of India (FCI) stocks to distilleries to produce ethanol. The distilleries got rice at a subsidised Rs.20...

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Covid-time demand helps whittle down FCI grain stocks -Harish Damodaran

-The Indian Express The gap between the current and year-ago stocks, too, has narrowed down from over 15 mt to 1.5 mt between June 1 and October 1. Covid-19 may have unleashed all-round economic devastation, but has also turned into an opportunity for whittling down the Food Corporation of India’s (FCI) massive grain mountain. At 68.49 million tonnes (mt), the total wheat and rice stocks in the Central pool as on October 1...

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