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FCI directs officials to accept only fortified raw rice

-Deccan Chronicle HYDERABAD: In a move that is likely to trigger a fresh controversy between the BRS government and the Centre, the Food Corporation of India (FCI) has issued directions to its officials in Telangana state to accept only fortified raw rice for public distribution (PDS) starting on January 9. The FCI's circular may spark a verbal spat between the Telangana government and the Centre because some rice mills throughout the state...

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The Public Distribution System is more than free grains -Dipa Sinha

-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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No decision yet on extending PMGKAY beyond Dec: Food subsidy to cross Rs 3 trillion this fiscal -Sandip Das

-Financial Express 2022-23 expenses likely to be the second highest since FY21 The government’s food subsidy expenses in the current fiscal are likely to cross Rs 3.1 trillion, up 50% from the outlay made at the beginning of the year. Sources told FE that the estimated food subsidy expenses in 2022-23 would be the second highest since FY21, when the finance ministry had made a provision of Rs 5.4 trillion, of which Rs...

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Centre may sell surplus wheat in small tranches to control atta prices

-Business Standard Flour millers have reportedly told the government that they have stocks for one to two months only In order to increase the availability of wheat and check the retail prices of atta (flour), the government may soon sell its surplus wheat in different states in small tranches. According to a report in the Times of India (TOI), flour millers have told the government that they have stocks for one to...

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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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