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 wheat will be offloaded in the open market throughout India. Chandra Shekhar Joshi said FCI Amaravati is offering 5,000 metric tonnes of wheat and 13,200 metric tonnes of rice through e-auction to be held on Wednesday, August 23. The FCI regional GM said under one PAN number, a buyer can bid only 100 metric tonnes of wheat throughout the country, provided the buyer has valid GST registration in that particular state and a valid FSSAI licence.

India Rice Wheat Tonnes Metric Open Market Fci Vijayawada  23  metric  sell  regional  buyer  rice  aug  tonnes  open  wheat  market  fci  vijayawada

History of this topic

Govt to e-auction 25 LMT wheat to stabilise open market prices
3 weeks, 5 days ago

Govt to e-auction 25 LMT wheat to stabilise open market prices

Live Mint  

The government has decided to offload 25 lakh metric tonnes of wheat under the Open Market Sales Scheme 2024, a move that is aimed at moderating wheat prices in the open market. The ministry of consumer affairs, food & public distribution has directed the Food Corporation of India to offload 25 LMT of wheat and conduct the sale via e-auctions, …

Indian wheat prices hit record high on strong demand, supply crunch
1 month, 1 week ago

Indian wheat prices hit record high on strong demand, supply crunch

Deccan Chronicle  

Indian wheat prices have jumped to a record high due to strong demand, limited supplies, and a delay in the government releasing stocks from its warehouses to augment supplies, industry officials said on Tuesday.The record prices are likely to lift retail inflation that surged to a 14-month high in October, driven by a jump in vegetable prices and dashing hopes …

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

Paradigms addressed by direct purchase of rice from FCI for States: Explained
4 months, 3 weeks ago

Paradigms addressed by direct purchase of rice from FCI for States: Explained

The Hindu  

The story so far: Union Minister for Food and Consumer Affairs Pralhad Joshi announced on August 1 that States can directly purchase rice from the Food Corporation of India under the Open Market Sale Scheme without participating in the e-auction beginning August 1. Under the Open Market Sale Scheme, the Ministry of Consumer Affairs, Food and Public Distribution sells excess …

States allowed to buy rice from FCI without e-auction at Rs 2,800/quintal
4 months, 3 weeks ago

States allowed to buy rice from FCI without e-auction at Rs 2,800/quintal

New Indian Express  

NEW DELHI: The Centre has allowed state governments to directly buy rice from the Food Corporation of India without participating in e-auction. “States can buy rice from the Food Corporation of India without participating in e-auction at Rs 2,800 per quintal under the open market sale scheme,” said Pralhad Joshi, Union Minister of Consumer Affairs, Food and Public Distribution. After …

States can directly buy rice from FCI, says Food Minister
4 months, 3 weeks ago

States can directly buy rice from FCI, says Food Minister

The Hindu  

Union Food and Consumer Affairs Minister Pralhad Joshi announced here on Thursday that the States can directly purchase rice from the Food Corporation of India under the Open Market Sale Scheme from Thursday without participating in e-auction. Mr. Joshi said if the States wanted to procure more rice over the stipulated five kg of free grain per individual under the …

Centre to resume rice sale to states, pvt traders
5 months, 3 weeks 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 …

India spends ₹2000 cr for Bharat product interventions to help moderate food prices
5 months, 3 weeks 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 …

Record rice stocks may prompt higher public distribution
6 months, 3 weeks ago

Record rice stocks may prompt higher public distribution

Hindustan Times  

India’s rice stocks in state-owned granaries are at a record high and nearly four times the summer buffer target, prompting the Union government to look at ways to reduce inventories in the world’s second-biggest producer, which expects a robust crop this year, an official said. The government is required to have 13.5 million tonnes of rice as buffer stock beginning …

FCI allows Punjab to use open plinths for wheat storage for the last time
8 months, 3 weeks ago

FCI allows Punjab to use open plinths for wheat storage for the last time

Hindustan Times  

The food corporation of India has allowed the Punjab food and civil supplies department to store wheat on the open plinths, known as covered area plinths, for the last time during the upcoming rabi procurement season. At present, the state has six lakh tonne storage space in the silos and 167 lakh tonnes in the covered godowns, out of which …

What are the regulations with respect to rice prices? | Explained
10 months, 2 weeks 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
10 months, 2 weeks 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 …

Centre to sell subsidised rice under Bharat brand
10 months, 3 weeks ago

Centre to sell subsidised rice under Bharat brand

Hindustan Times  

​The Union government will sell packaged subsidised rice for the general public under its Bharat brand of commodities from next week even as all traders dealing in the cereal have been asked to declare stocks of the staple held by them in fresh steps to tame high cereal inflation, an official said on Friday. Higher costs of food impact poorer …

FCI uses AI-based equipment to detect frauds, says official
11 months, 1 week ago

FCI uses AI-based equipment to detect frauds, says official

Hindustan Times  

​ The Food Corporation of India, which manages the government’s granaries, has spruced up its countrywide operations, introducing artificial intelligence-based equipment to detect fraud in its processes involving millions of farmers, a large network of transporters and silos, an official said. The agency now uses AI-based grain sorters to examine the quality of wheat and rice it buys from farmers, …

India's wheat production likely to touch all-time high of 114 million tonnes in 2023-24 crop year
11 months, 2 weeks ago

India's wheat production likely to touch all-time high of 114 million tonnes in 2023-24 crop year

India TV News  

Anticipating favourable conditions and increased coverage, a senior official from the food ministry said that wheat production is projected to reach a new milestone of 114 million tonnes in the current 2023-24 crop year. In the preceding 2022-23 crop year, wheat production achieved a record 110.55 million tonnes, surpassing 107.7 million tonnes from the previous year. Last year, the FCI's …

Govt plans to sell FCI rice under Bharat brand; price not yet decided
11 months, 3 weeks 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 …

FCI to e-Auction Wheat in Andhra Pradesh to Control Food Grain Prices in Open Market
1 year, 2 months ago

FCI to e-Auction Wheat in Andhra Pradesh to Control Food Grain Prices in Open Market

Deccan Chronicle  

Vijayawada: Food Corporation of India is e-auctioning wheat in the AP region on October 26th to control prices of food grains in the open market. FCI AP region general manager Chandrasekhar Joshi said food processors and atta, chakki and flour millers can participate in the e-auction. Chandrasekhar said to participate in the e-auction, the bidder must have a valid FSSAI …

Basmati traders to go on strike as Centre keeps floor price unchanged
1 year, 2 months ago

Basmati traders to go on strike as Centre keeps floor price unchanged

Hindustan Times  

After the Union government refused to accept the demand of the rice exporters to bring down the minimum export price of aromatic long-grained basmati rice to US $ 850 per tonne from $1,200, the rice exporters and traders of Haryana have declared an indefinite strike from Sunday, following which they will not procure paddy from the farmers and mandis. The …

Domestic Open Markets | FCI in Tamil Nadu brings down wheat, rice prices again for e-auction
1 year, 3 months ago

Domestic Open Markets | FCI in Tamil Nadu brings down wheat, rice prices again for e-auction

The Hindu  

Food Corporation of India for the Tamil Nadu region plans to sell wheat starting at ₹21.25 against the market rate of ₹40-₹45 a kg in its upcoming e-auction on September 22. On Wednesday, the FCI’s regional general manager, reiterated their request for small-scale mill owners to take part in the auction as only 35% of the total wheat offered has …

Basmati rice exporters express ‘shock’ over curbs, demand urgent solution
1 year, 3 months ago

Basmati rice exporters express ‘shock’ over curbs, demand urgent solution

The Hindu  

After the Centre imposed restrictions on the export of the aromatic, long-grain basmati rice, the rice exporters in Punjab have criticised the move, saying the decision has put the rice export sector in disarray and that it would result in huge financial losses. The Union Commerce Ministry, last week, directed the Agricultural and Processed Food Products Export Development Authority, the …

FCI to stabilise wheat and rice markets through OMSS
1 year, 3 months ago

FCI to stabilise wheat and rice markets through OMSS

Deccan Chronicle  

Vijayawada: The general manager of the Food Corporation of India’s regional office in Vijayawada, Chandra Sekhar Joshi, announced a distinct approach by the Indian government to ensure stability in the wheat and rice markets. Acknowledging worrisome price trends, the government plans to release 25 lakh metric tons of rice and 50 LMT of wheat through OMSS, which includes 2 LMT …

FCI to release rice and wheat into open market to stabilise prices
1 year, 3 months ago

FCI to release rice and wheat into open market to stabilise prices

The Hindu  

The Food Corporation of India, regional office, Amaravati, is offering 4,000 tonnes of wheat and 13,018 tonnes of rice under Open Market Sale Scheme-Domestic through e-auction to be held on August 30. As on date, 7,69,609 tonnes of rice and 12,125 tonnes of wheat is available with FCI, Andhra Pradesh. Chandrasekhar Joshi, general manager, FCI, Andhra Pradesh region, told The …

India considering to import 8-9 million tonnes of wheat from Russia amid inflation: Report
1 year, 4 months ago

India considering to import 8-9 million tonnes of wheat from Russia amid inflation: Report

India TV News  

India is reportedly in talks with Russia to import 8 to 9 million tonnes of wheat to help reduce the prices of the commodity in the domestic market, reported TASS news agency citing The Economic Times. Despite India needing only 3 to 4 million metric tonnes of wheat to plug a shortfall, it is considering a bigger import to have …

To curb price rise, Centre releases more grain stock under open market sale
1 year, 4 months ago

To curb price rise, Centre releases more grain stock under open market sale

The Hindu  

Concerned over the increase in foodgrains prices, the Centre on Wednesday decided to additionally sell 50 lakh metric tonnes of wheat and 25 LMT of rice through the Open Market Sales Scheme from the Food Corporation of India stocks. Talking to reporters, Union Food Secretary Sanjeev Chopra said the Centre had also decided to bring down the reserve price of …

Govt to sell additional 50 lakh tons wheat, 25 lakh tons rice in open market to contain price rise
1 year, 4 months ago

Govt to sell additional 50 lakh tons wheat, 25 lakh tons rice in open market to contain price rise

India TV News  

As inflation is soaring high in the country, the Union Government on Wednesday declared that it has decided to sell additional 50 lakh tonnes of wheat and 25 lakh tonnes of rice from the central pool in the open market in order to check the price rise. "The government has decided to offload 50 lakh tonnes of wheat and 25 …

FCI to auction rice, wheat in AP to control prices
1 year, 4 months ago

FCI to auction rice, wheat in AP to control prices

Deccan Chronicle  

VIJAYAWADA: To control rising prices of rice, wheat, and wheat products in Andhra Pradesh, the regional office of Food Corporation of India in Amaravati is offering 7,000 metric tonnes of rice and 1,000 metric tonnes of wheat for sale in the open market through e-auction on August 9. The sale is being made under the Open Market Sale Scheme of …

FCI Rejects Telangana Rice Worth Rs.150 cr
1 year, 5 months ago

FCI Rejects Telangana Rice Worth Rs.150 cr

Deccan Chronicle  

Hyderabad: A new dispute has arisen between the Telangana state government and the Food Corporation of India regarding the rejection of fortified rice stocks. The FCI has turned down rice supplies worth nearly ₹150 crore from 290 rice mills in Telangana, claiming "inferior quality." The Chief Minister discussed the problem of previous kharif rice stocks and recent rabi paddy stocks …

FCI reduces prices of wheat, rice sold through domestic open market scheme
1 year, 5 months ago

FCI reduces prices of wheat, rice sold through domestic open market scheme

The Hindu  

The Food Corporation of India has reduced the price of rice and wheat being tendered out under the open market sale scheme for registered bulk buyers. Fortified rice which was supplied at ₹34/kg is being made available at ₹31/kg and wheat at ₹21.50/kg instead of ₹22.50/kg, said Manjeev Kumar Goyal, Deputy General Manager, FCI in Chennai on July 13. Ravi …

Anna Bhagya: Govt to bid for rice from Central govt. agencies
1 year, 6 months ago

Anna Bhagya: Govt to bid for rice from Central govt. agencies

The Hindu  

The Karnataka government has proposed to procure rice from the Central government’s National Cooperative Consumers Federation, National Agricultural Cooperative Marketing Federation, and Central Bhandar, and its availability and price will be known in a week’s time, said Minister for Food and Consumer Affairs K.H. Speaking to The Hindu after a high-level meeting with Chief Minister Siddaramaiah and other officials, Mr. …

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 …

Govt's rice procurement reaches 55.8 million tonnes and wheat 26.2 million tonnes so far
1 year, 6 months ago

Govt's rice procurement reaches 55.8 million tonnes and wheat 26.2 million tonnes so far

The Hindu  

The government's rice procurement has reached 55.8 million tonnes so far in the ongoing 2022-23 marketing season, benefitting 1.22 crore farmers with MSP of ₹1.7 lakh crore, the Food Ministry said on June 20. Wheat procurement has reached 26.2 million tonnes so far in the 2023-24 rabi marketing year, more than the last year's total procurement of 18.8 million tonnes. …

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 …

Centre says stoppage of rice and wheat supply to States is aimed at controlling inflation
1 year, 6 months ago

Centre says stoppage of rice and wheat supply to States is aimed at controlling inflation

The Hindu  

Amid a political slugfest over the discontinuation of the sale of rice and wheat from the Central pool to State governments, the Government on Thursday said the decision was not “deliberate” and was only aimed at controlling retail inflation in food grains. Karnataka Chief Minister Siddaramaiah and other leaders of the Congress party have hit out at the Centre, accusing …

Centre says stoppage of rice and wheat supply to States is aimed at controlling inflation
1 year, 6 months ago

Centre says stoppage of rice and wheat supply to States is aimed at controlling inflation

The Hindu  

Amid a political slugfest over the discontinuation of the sale of rice and wheat from the Central pool to State governments, the Government on Thursday said the decision was not “deliberate” and was only aimed at controlling retail inflation in food grains. Karnataka Chief Minister Siddaramaiah and other leaders of the Congress party have hit out at the Centre, accusing …

Launch of Anna Bhagya on July 1 hangs in balance after FCI refuses to sell rice to Karnataka
1 year, 6 months ago

Launch of Anna Bhagya on July 1 hangs in balance after FCI refuses to sell rice to Karnataka

The Hindu  

After the refusal by the Food Corporation of India to provide additional rice to Karnataka, the launch of the Anna Bhagya scheme on July 1 by the Congress government hangs in balance as it is scouting for the availability of rice at competitive cost in other States even as the financial viability also comes into question. About 2.28 lakh tonnes …

Centre checks price rise by discontinuing sale of rice, wheat to States under OMSS
1 year, 6 months ago

Centre checks price rise by discontinuing sale of rice, wheat to States under OMSS

The Hindu  

The Centre has discontinued the sale of rice and wheat from the central pool under the Open Market Sale Scheme to State governments, a move that will hit some States, including Karnataka, offering free grains to the poor. FCI may liquidate rice under the OMSS to private parties from the central pool stock as per the requirement in order to …

FCI sells 5.39 LMT of wheat to 1248 bidders in 23 states in its 5th e-auction
1 year, 9 months ago

FCI sells 5.39 LMT of wheat to 1248 bidders in 23 states in its 5th e-auction

Live Mint  

As part of Government of India’s initiative towards market intervention to control the price of wheat and atta, the Food Corporation of India conducted the 5th e-auction to offload wheat under OMSS on Wednesday. Total quantity of 11.88 LMT wheat was offered and 5.39 LMT of wheat has been sold to 1,248 bidders in 23 states, the Ministry of Consumer …

Govt. to offload additional 20 lakh tonnes of wheat in open market to cut prices
1 year, 10 months ago

Govt. to offload additional 20 lakh tonnes of wheat in open market to cut prices

The Hindu  

The Centre on February 21 announced it will offload an additional 20 lakh tonnes of wheat in the open market to bring down the prices of wheat and wheat flour. On January 25, the Centre had announced sale of 30 lakh tonnes of wheat in the open market from its buffer stock to check rise in prices of wheat and …

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 …

FCI to Offer 11.72 Lakh Tonnes Wheat Stock to Bulk Consumers in 3rd E-auction on Feb 22
1 year, 10 months ago

FCI to Offer 11.72 Lakh Tonnes Wheat Stock to Bulk Consumers in 3rd E-auction on Feb 22

News 18  

State-owned Food Corporation of India will offer 11.72 lakh tonnes of wheat to bulk consumers like flour millers during the third e-auction to be held next week, the food ministry said on Saturday. FCI plans to sell 25 lakh tonnes of wheat to bulk consumers under the Open Market Sale Scheme till March-end as part of the government’s measure to …

India likely to continue curbs on wheat, rice exports
1 year, 10 months ago

India likely to continue curbs on wheat, rice exports

Hindustan Times  

India may extend its ban on wheat exports beyond March and continue curbs on overseas shipments of non-premium varieties of rice to cool local prices and expand the government’s purchases of cereal stocks, which are at their lowest level in five years, two people familiar with the development said. The government banned wheat exports in May last year as overseas …

Union govt plans to release 15-20 lakh tons of wheat from FCI to contain rising prices in 2023
1 year, 11 months ago

Union govt plans to release 15-20 lakh tons of wheat from FCI to contain rising prices in 2023

India TV News  

Rising retail prices: In an attempt to contain rising retail prices under the Open Market Sale Scheme, the Union government is planning to release 15-20 lakh tonnes of wheat from the Food Corporation of India stock for bulk consumers like flour millers in 2023. Under the OMSS policy, the government permits the state-run FCI to occasionally sell foodgrains, particularly wheat …

Basmati prices escalate in Haryana as market widens
2 years, 1 month ago

Basmati prices escalate in Haryana as market widens

Hindustan Times  

: The prices of the traditional basmati varieties of paddy in Haryana have registered a hike for the first time in several years, reaching over ₹ 6,000 per quintal, mainly due to the government agency HAFED foraying into the market and breaking the monopoly of private traders. Basmati prices escalate in Haryana as market widens With the harvesting of the …

Price increase in wheat & rice normal; will intervene in market in case of abnormal rise: Food Secretary
2 years, 2 months ago

Price increase in wheat & rice normal; will intervene in market in case of abnormal rise: Food Secretary

The Hindu  

The government on October 17 said the price rise in wheat and rice has been "normal" and it will intervene in the market to offload the grains if there is any abnormal increase in the rates. Food Secretary Sudhanshu Pandey, in a press briefing, also said the government has surplus stocks of both wheat and rice in its godowns which …

Millers left in lurch as FCI refuses to buy rice
2 years, 4 months ago

Millers left in lurch as FCI refuses to buy rice

Deccan Chronicle  

Khammam: The refusal of the Food Corporation of India to buy 30,000 tonnes of discoloured custom milled rice from 63 rice mills of Khammam has left mill owners facing a bleak future. After another round of back and forth, the Centre agreed to buy 52,000 tonnes, but the FCI refused to buy around 30,000 tonnes of it claiming that the …

Wheat stocks may be 80% higher than buffer requirement by April 23: Piyush Goyal
2 years, 5 months ago

Wheat stocks may be 80% higher than buffer requirement by April 23: Piyush Goyal

Live Mint  

The wheat stocks in Food Corporation of India godowns is expected to be 134 lakh tonnes at the start of FY23-24, 80 per cent more than the buffer norm, said the government on 22 July. Food and Consumer Affairs Minister Piyush Goyal, in a written reply to Rajya Sabha, said that the central pool stock of wheat as on July …

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 …

UP Purchases 51 LMT of Wheat; to Break its Own Record
3 years, 6 months ago

UP Purchases 51 LMT of Wheat; to Break its Own Record

News 18  

The Uttar Pradesh government is on the verge of breaking its record of an all-time high. The officials expressed excitement over the current procurement pace and said that they may cross all-time high record procurement of 52.92 LMT made in the Rabi Marketing Season of 2018-19. The Yogi-led government in UP has purchased wheat worth Rs 100,82.99 crore from 11.54 …

Govt Procures Paddy Worth Rs 92,121 Crore So Far at MSP; Purchase in Volume Terms Up 25%
3 years, 11 months ago

Govt Procures Paddy Worth Rs 92,121 Crore So Far at MSP; Purchase in Volume Terms Up 25%

News 18  

New Delhi: Paddy procurement has increased 25 per cent so far in the ongoing kharif marketing season to 487.92 lakh tonnes, valued at Rs 92,121 crore, an official statement said. The Food Corporation of India and state agencies have purchased 487.92 lakh tonnes of paddy till December 31 as against 390.56 lakh tonnes in the corresponding period of the previous …

Discover Related