India spends ₹2000 cr for Bharat product interventions to help moderate food prices
6 months, 1 week ago

India spends ₹2000 cr for Bharat product interventions to help moderate food prices

Live Mint  

New Delhi: The Centre has spent nearly ₹2,000 crore on providing Bharat rice and wheat under the price stabilization fund scheme to help tame food inflation. The government launched Bharat atta at a subsidized price of ₹27.5 per kg after it announced the scheme in February 2023 at ₹29.5 a kg to keep prices in check. These two kitchen staples are supplied by the Food Corp. of India to the government’s three central procurement agencies-- National Agricultural Cooperative Marketing Federation of India, the National Cooperative Consumers Federation of India Ltd and Kendriya Bhandar. Most of these burdens would actually lead to an increase in the government's subsidy bill and as far as the forthcoming budget is concerned, because the government revenue is buoyant from both tax and non-tax sides, it should not have much impact in terms of meeting the fiscal deficit target or in terms of compromising capital expenditure growth which is the key to maintaining a robust 7% plus growth.

Food India Inflation Rice Fci Bharat Psf Nccf Atta Kendriya Bhandar Nafed Bharat Atta  food  bharat  inflation  interventions  wheat  cr  help  quintal  psf  product  moderate  atta  spends  rice  india  prices

History of this topic

Rice millers demand hike in milling fees
4 months ago

Rice millers demand hike in milling fees

New Indian Express  

BHUBANESWAR: The All Odisha Rice Millers Association has demanded the state government to increase the custom milling fee for rice along with transportation and storage charges of paddy at mills. Association president Mahesh Bansal said charges for transportation of paddy from mandis to mills and rice from mills to government-owned or rented warehouses along with paddy procured by the government …

Karnataka: FCI ready to supply rice, beneficiaries to get five kg more
4 months, 2 weeks ago

Karnataka: FCI ready to supply rice, beneficiaries to get five kg more

New Indian Express  

BENGALURU: Below Poverty Line cardholders are likely to get 5 kg of rice more instead of Rs 170 cash being given to them as the Food Corporation of India is ready to supply 2.36 lakh tonnes of rice for the state government’s Anna Bhagya scheme. The state government’s request to supply rice for its Anna Bhagya scheme was rejected by …

Centre to resume rice sale to states, pvt traders
6 months, 1 week ago

Centre to resume rice sale to states, pvt traders

Hindustan Times  

The Centre will resume sale of federally-held rice to states, which had been discontinued in June last year, at the time sparking protests by Opposition-ruled state governments, apart from selling the staple to private traders, steps aimed at paring record inventories, a person aware of the development said. Centre to resume rice sale to states, pvt traders The move to …

QCI to conduct random sampling of Bharat rice, atta and pulses
10 months ago

QCI to conduct random sampling of Bharat rice, atta and pulses

Live Mint  

New Delhi: Subsidized rice, wheat-flour and pulses that account for a substantial portion of government spending will be checked randomly for quality and quantity to ensure there is no diversion or adulteration, a senior official said. Mint last month reported that the government was planning to track and trace Bharat rice, atta and pulses for their quality in collaboration with …

What are the regulations with respect to rice prices? | Explained
11 months ago

What are the regulations with respect to rice prices? | Explained

The Hindu  

February 09, 2024 08:30 am | Updated 11:45 am IST The story so far: The Indian government recently made it mandatory for all traders, wholesalers, retailers, and millers to declare their respective rice stocks. In the year 2022-2023, India produced 135 million tonnes of rice, which is 62.84 lakh tonnes higher than the previous year. While Basmati rice prices are …

Govt to launch 'Bharat rice' at subsidised rate to provide relief to consumers | Check rates here
11 months ago

Govt to launch 'Bharat rice' at subsidised rate to provide relief to consumers | Check rates here

India TV News  

The central government on Tuesday is set to introduce 'Bharat rice' at a subsidised rate of Rs 29 per kg, aiming to alleviate the impact of a 15 per cent surge in retail rice prices over the past year. 5 tonnes of rice in first phase In the initial phase, the Food Corporation of India will allocate 5 lakh tonnes …

FCI overhaul a landmark, says food minister on its 60th anniversary
11 months, 4 weeks ago

FCI overhaul a landmark, says food minister on its 60th anniversary

Hindustan Times  

India’s self-sufficiency in food, which ensures no citizen in the world’s most populous country sleeps hungry, is one of the “greatest achievements in human history”, Union minister of food, commerce and consumer affairs Piyush Goyal said on Sunday, lauding the role of the Food Corporation of India on its 60th founding anniversary. Union minister Piyush Goyal on Sunday addressed the …

Ahead of Lok Sabha polls, Centre to sell Bharat brand subsidised staples
1 year ago

Ahead of Lok Sabha polls, Centre to sell Bharat brand subsidised staples

Hindustan Times  

The Union government is planning to scale up output and sales of basic commodities, such as Bharat Atta and Bharat Dal, its subsidised brand of wheat flour and lentils, for the public ahead of the general elections next year as well as pump more state-owned cereals into the open market to cool food prices, a person familiar with the development …

Govt plans to sell FCI rice under Bharat brand; price not yet decided
1 year ago

Govt plans to sell FCI rice under Bharat brand; price not yet decided

The Hindu  

In order to check rice inflation, the Government is considering a proposal to sell FCI rice under the 'Bharat' brand but the discounted rate has not yet been decided, a Food Ministry official said. x The Ministry's efforts to check retail rice prices by boosting domestic availability through sale of FCI rice via e-auction under the Open Market Sale Scheme …

Free ration scheme to cost exchequer at least ₹15,000 crore extra per year
1 year, 2 months ago

Free ration scheme to cost exchequer at least ₹15,000 crore extra per year

The Hindu  

Prime Minister Narendra Modi’s recent announcement of the extension of the free food grains scheme for the next five years will cost the public exchequer at least ₹15,000 crore more each year, according to an official in the Union Finance Ministry. As per the budget estimate for the current financial year, the food subsidy bill works out to ₹1.97 lakh …

Bharat Atta sale kicks off ahead of Diwali; wheat to be sold at subsidised rate
1 year, 2 months ago

Bharat Atta sale kicks off ahead of Diwali; wheat to be sold at subsidised rate

Live Mint  

Ahead of Diwali festival, the Centre has launched Bharat Atta scheme wherein wheat flour will be sold at a subsidised rate of ₹27.50 per kg. Union Food and Consumer Affairs Minister Piyush Goyal said about 2.5 lakh tonnes of wheat will be allocated from the Food Corporation of India at ₹21.50 per kg to Nafed, NCCF and Kendriya Bhandar. The …

Centre expands ‘Bharat’ atta sale to curb rising wheat flour price
1 year, 2 months ago

Centre expands ‘Bharat’ atta sale to curb rising wheat flour price

The Hindu  

With wheat flour too becoming costly around the festival season, the Union Food and Consumer Affairs Ministry released more stocks of ‘Bharat’ brand atta through 100 mobile vans and through the outlets of Kendriya Bhandar, National Cooperative Consumers’ Federation of India Limited and National Agricultural Cooperative Marketing Federation of India Limited here on Monday. The launch of retail sale of …

Govt to reduce Bharat Atta price by ₹2/kg in festive sop
1 year, 2 months ago

Govt to reduce Bharat Atta price by ₹2/kg in festive sop

Live Mint  

The government plans to offload a quarter of a million tonnes of wheat into the country’s vast food distribution system and offer cut-price whole wheat flour made from it in the run-up to the last festival season of its term. “The Centre will offload 250,000 tonnes of wheat to Kendriya Bhandar, National Agricultural Cooperative Marketing Federation of India and the …

FCI to Sell Wheat, Rice in Open Market on Aug. 23
1 year, 4 months ago

FCI to Sell Wheat, Rice in Open Market on Aug. 23

Deccan Chronicle  

VIJAYAWADA: Food Corporation of India Vijayawada regional office general manager Chandra Shekhar Joshi said Government of India has decided to release FCI wheat and rice in open market under its Open Market Sale Scheme to stabilise retail prices of wheat / atta and rice throughout the country. Consequently, 25 lakh metric tonnes of rice and 50 lakh metric tonnes of …

Anna Bhagya scheme | Karnataka BPL families will get cash instead of free rice promised
1 year, 6 months ago

Anna Bhagya scheme | Karnataka BPL families will get cash instead of free rice promised

The Hindu  

Unable to procure enough rice in the market at a reasonable cost in time to meet the needs of its new Anna Bhagya scheme, the Karnataka Government on Wednesday decided to temporarily give ₹170 per person per month from July 1 in lieu of the promised five kg of free rice. An estimated 2.29 lakh metric tonnes of rice is …

No rice for Anna Bhagya scheme, Centre tells Karnataka
1 year, 6 months ago

No rice for Anna Bhagya scheme, Centre tells Karnataka

The Hindu  

The Centre on Friday, June 23, categorically refused to supply rice to Karnataka for its flagship Anna Bhagya scheme. Mr. Muniyappa said, “The Centre requires 135 lakh metric tonnes for the national supply, whereas they have a stock of 262 lakh metric tonnes. What the State wants The Congress government, which announced Anna Bhagya scheme as one of the five …

Rice millers say they can meet partial requirement of Anna Bhagya
1 year, 6 months ago

Rice millers say they can meet partial requirement of Anna Bhagya

The Hindu  

The Karnataka government, which is scouting for rice for its Anna Bhagya scheme across the country, is yet to speak to Karnataka Rice Millers’ Association to ascertain the cost or the quantum of rice available with the mills in the State. Srinivas, the government has not involved the local millers in the Anna Bhagya scheme while it is looking for …

Karnataka CM Siddaramaiah blames Centre for conspiring to cancel Anna Bhagya scheme by denying rice to State
1 year, 6 months ago

Karnataka CM Siddaramaiah blames Centre for conspiring to cancel Anna Bhagya scheme by denying rice to State

The Hindu  

Chief Minister Siddaramaiah on Wednesday accused the Narendra Modi-led Union government of conspiring to “scuttle” the State government’s election guarantee by ensuring that Karnataka does not get the required quantum of rice to implement its Anna Bhagya scheme, which aims to provide 10 kg of rice for each member of the BPL family and Antyodaya card holders from July 1. …

Centre agrees to procure additional 6.80LTs of parboiled rice from Telangana
1 year, 7 months ago

Centre agrees to procure additional 6.80LTs of parboiled rice from Telangana

Deccan Chronicle  

HYDERABAD: The Centre on Friday agreed to procure an additional 6.8 lakh tonnes of parboiled rice from Telangana for the Kharif season 2022-23. This is in addition to the recently approved procurement of 13.73 lakh tonnes of parboiled rice for the Rabi 2021-22 and Kharif 2022-23 kharif seasons. Union minister G. Kishan Reddy who had written to his Cabinet colleague …

Govt to sell 20 lakh tonnes of wheat in open market to bring down prices
1 year, 10 months ago

Govt to sell 20 lakh tonnes of wheat in open market to bring down prices

India TV News  

In order to control price rise, the government has said that it will sell an additional 20 lakh tonnes of wheat in open market to bring down prices of wheat and wheat floor. "So far, 50 lakh tonnes of wheat have been decided to be offloaded under the OMSS. The reduction in reserve price along with additional offloading of 20 …

Huge financial burden on Telangana in the offing in new Public Distribution System policy
2 years ago

Huge financial burden on Telangana in the offing in new Public Distribution System policy

The Hindu  

The Telangana government will face a huge financial burden on one more count, this time with the recent decision of Centre to give New Year’s gift to the country’s poor by supplying free rice under the National Food Security Act. Currently, the Centre is implementing Prime Minister’s Garib Kalyan Anna Yojana by allocating rice to States for supply to its …

Over 50 lakh tonne paddy piled up in mills as FCI stop purchase
2 years, 6 months ago

Over 50 lakh tonne paddy piled up in mills as FCI stop purchase

Deccan Chronicle  

HYDERABAD: Finance minister T. Harish Rao and civil supplies minister Gangula Kamalakar on Friday held a meeting with Chief Secretary Somesh Kumar and other senior officials of civil supplies department at BRKR Bhavan to discuss what to do with mounting rice stocks in rice mills across the state in the wake of Centre stopping rice procurement from the state from …

Centre explains reason for lower budget estimate than FY 2021-22
2 years, 11 months ago

Centre explains reason for lower budget estimate than FY 2021-22

Op India  

The All India Kisan Sabha, the farmer wing of the CPM, which is also a part of the Samyukt Kisan Morcha that led the demonstration against the three farm laws, slammed the Union Budget, calling it anti-poor, anti-farmer, insensitive to genuine demands of farmers. In fact this is lesser than the allocation of 2.48 lakh crore…"https://t.co/8cYf3bGthN — AIKS February 2, …

Centre’s food subsidy likely to reduce in next fiscal. Read here
3 years ago

Centre’s food subsidy likely to reduce in next fiscal. Read here

Live Mint  

Food Secretary Sudhansu Pandey on Thursday said that the government's food subsidy is likely to be a little less than ₹4 lakh crore in the financial year 2021-22. "We are expecting little less than ₹4 lakh crore food subsidy this year," Pandey said during a virtual press briefing. The Food Secretary in his virtual meet also mentioned that about ₹2.25 …

With mountains of paddy at FCI, Centre unlikely to heed KCR plea
3 years, 1 month ago

With mountains of paddy at FCI, Centre unlikely to heed KCR plea

Deccan Chronicle  

Hyderabad: The Centre on Thursday reiterated its limitations in procuring paddy and boiled rice even as Telangana Chief Minister Chandrasekhar Rao staged a Maha Dharna in the city demanding that the Centre procure 90 per cent of the paddy grown in the state. According to the note, currently par-boiled rice stock available with the Food Corporation of India was 46.28 …

Free food grain scheme of central govt vs Delhi govt in Delhi
3 years, 8 months ago

Free food grain scheme of central govt vs Delhi govt in Delhi

Op India  

Two weeks after the Central Government announced that it will provide 5 kg of food grains free-of-cost to around 80 crores Pradhan Mantri Garib Kalyan Anna Yojana beneficiaries during May and June 2021 amidst the second wave of COVID-19 cases, the Delhi chief minister Arvind Kejriwal yesterday announced that his government will provide two months of free ration to 72 …

Budget 2019: Govt to spend 6.5% more on food subsidies in FY20; hike may not be adequate to cover cost of food welfare programme
5 years, 11 months ago

Budget 2019: Govt to spend 6.5% more on food subsidies in FY20; hike may not be adequate to cover cost of food welfare programme

Firstpost  

The government is set to earmark about 1.8 trillion rupees for food subsidies next fiscal year India is poised to raise the subsidies for the world’s biggest food welfare programme by 6.5 percent for the fiscal year beginning 1 April, the smallest increase in three years, in the nation’s interim budget next month, two sources directly involved in the decision …

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