-Moneycontrol.com The free and subsidised grains are an implicit income transfer to people and ensure basic protection from starvation The distribution of free grains through the Public Distribution System (PDS) under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) has been one of the main relief measures undertaken by the Indian government in response to the economic distress brought about by the Covid pandemic. From April 2020 until the end of 2022,...
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A welcome move: On the free grains scheme under food security law
-The Hindu The Centre’s taking up the burden for free food grain distribution in 2023 will provide relief to States The Government has decided not to extend the Pradhan Mantri Garib Kalyan Anna Yojana, (PMGKY), a scheme that ran between April 2020 to December 2022 (except for a short period in between), and provided additional allocation of food grains, i.e., rice or wheat from the central pool at five kilograms a month...
More »Govt to soon rope in private players for foodgrains procurement: Food secy
-PTI/ Business Standard "We have written to states that the government wants to bring private sector in the procurement process besides FCI and state agencies," food secretary Sudhanshu Pandey said. The Centre will soon invite private players along with Food Corporation of India and other state agencies to procure foodgrains for buffer stock, food secretary Sudhanshu Pandey said on Monday. He informed that the Union food ministry has already written to all the...
More »Cereal inflation likely to offset disinflationary forces, say experts -Sanjeeb Mukherjee
-Business Standard There is a possibility of a 10-15-million tonne drop in kharif rice production due to drought in several major growing states in eastern India Wheat prices in some markets have touched Rs 2,522 a quintal and cereal inflation is expected to remain sticky in the months ahead due to low wheat stocks in central granaries. Nomura India in a report said lower rice output will put pressure on domestic rice...
More »Central Pool Foodgrain stocks at lowest in 5 years -Prabhudatta Mishra
-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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