Centre cuts wheat stock limits until March to curb hoarding, stabilize prices
1 month ago

Centre cuts wheat stock limits until March to curb hoarding, stabilize prices

Live Mint  

New Delhi: As part of its ongoing efforts to regulate supply and curb price volatility, the government on Thursday revised wheat stock limits for traders, retailers, and chain store retailers, tightening the cap until 31 March. Similarly, big chain retailers, previously allowed to stock 5 tonnes per outlet, can now stock only 4 tonnes of wheat, with an overall cap based on the number of their outlets. The stock restrictions, first imposed through an order in June 2024 and revised in September and December last year, aim to ensure that wheat remains accessible and prices remain stable for consumers. As per Agriculture Ministry data, wheat sowing this season has increased to 32 million hectares, compared to 31.56 Mha last year, and is higher than the average sown area over the past five years.

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Wheat acreage at a three-year high: Forecast
2 weeks, 4 days ago

Wheat acreage at a three-year high: Forecast

Hindustan Times  

The size of India’s wheat crop, the main winter staple, has expanded to 328 million hectares, a three-year high, according to the season’s final estimates by the Roller Flour Millers’ Federation of India, the apex industry body. A senior official of the federation said geotagged surveys showed a robust jump in acreage, which will likely keep prices stable. “The crop …

India’s rice stocks hit record high, wheat reserves deplete
2 months, 1 week ago

India’s rice stocks hit record high, wheat reserves deplete

Live Mint  

By Rajendra Jadhav MUMBAI, Jan 10 - India's rice stocks hit a record high at the start of January, reaching eight times the government's target, while wheat stocks continued to deplete as traders urged the government to increase wheat sales amid market shortages. Rice reserves in state granaries, including unmilled paddy, totalled 60.9 million metric tons of Jan. 1, compared …

Govt reduces wheat stock limits for traders and retailers, says ample grain available
3 months, 1 week ago

Govt reduces wheat stock limits for traders and retailers, says ample grain available

Live Mint  

New Delhi: The government on Wednesday reduced the wheat stock limit for traders and wholesalers from 2,000 metric tonnes to 1,000 MT, with comfortable availability of the staple food item in Rabi 2024. The stock limit for retailers has been brought down to 5 MT per outlet, down from 10 MT, the ministry of consumer affairs, food, and public distribution …

Anticipating price rise, Centre imposes fresh caps on wheat inventories
3 months, 1 week ago

Anticipating price rise, Centre imposes fresh caps on wheat inventories

Hindustan Times  

NEW DELHI: The Centre on Wednesday further reduced the limit of wheat stocks that traders and millers can store at any given point, a step authorities said was necessary to tamp down prices. A worker sifts wheat before filling in sacks at the market yard of the Agriculture Product Marketing Committee on the outskirts of Ahmedabad Restricting the amount of …

Govt to e-auction 25 LMT wheat to stabilise open market prices
3 months, 3 weeks 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
4 months, 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 …

Centre to resume rice sale to states, pvt traders
8 months, 2 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 …

Centre imposes stockholding limits on wheat
8 months, 3 weeks ago

Centre imposes stockholding limits on wheat

New Indian Express  

NEW DELHI: The Centre on Monday imposed a stock limit on wheat to reduce hoarding of the grain and stablise its prices. “The government is open to all options if the stock limit would not cool down the price such as by reducing import duty and would soon think to dump wheat in the open market through open market sales …

‘Keeping Prices Stable Top Priority’: After Pulses, Centre Imposes Stock Limits On Wheat
8 months, 3 weeks ago

‘Keeping Prices Stable Top Priority’: After Pulses, Centre Imposes Stock Limits On Wheat

News 18  

Days after imposing stock limits on pulses, the government has now imposed stock limits on wheat from June 24, 2024 to March 31, 2025. “We will be taking action as required which would ensure that the prices of wheat remain stable.” ‘NO SHORTAGE OF WHEAT; PRICES STABLE’ Chopra rubbished reports of shortage of wheat in the country. The prices are …

India plans to reduce wheat import duty from July in a bid to cool prices
8 months, 3 weeks ago

India plans to reduce wheat import duty from July in a bid to cool prices

Live Mint  

India is set to resume wheat imports by lowering the duty on inbound shipments while also imposing stock limits on the grain, three officials said, in a new attempt to tame prices and boost supplies. Also this | Govt misses wheat procurement target for second consecutive year, procures 26.6 mt—28.7% lower than target “As per my understanding and discussions at …

Centre slaps stock limit on tur and chana till September to ensure affordability
9 months ago

Centre slaps stock limit on tur and chana till September to ensure affordability

Live Mint  

The Centre on Friday imposed stock limits on tur and chana till September amid persistent concern about a spike in prices and crop failure hitting supplies. Mint had earlier reported that the Centre was mulling imposing a stock limit on two crucial pulses—tur or arhar and chana–till September when southwest monsoon withdraws from the country, and kharif crops start getting …

Centre brings wheat and rice under price stabilization fund
1 year ago

Centre brings wheat and rice under price stabilization fund

Live Mint  

New Delhi: The government has approved inclusion of wheat and rice under its price stabilization fund after it started selling Bharat atta and rice as part of its retail intervention in a bid to tame inflation as prices are soaring ahead of general elections, a government official said. The new step will see the government give a payout to the …

Govt targets wheat hoarders, halves stock limits again
1 year, 1 month ago

Govt targets wheat hoarders, halves stock limits again

Live Mint  

The Union government has imposed another round of curbs on stocking of wheat, drastically lowering the limit for the second time since December as it seeks to prevent hoarding and speculation that could spike prices. “Officials of Central and state governments will be closely monitoring enforcement of these stock limits to ensure that no artificial scarcity of wheat is created …

To curb price rise, Centre tells traders, millers to declare rice stocks on government portal
1 year, 1 month ago

To curb price rise, Centre tells traders, millers to declare rice stocks on government portal

The Hindu  

Worried over the increase in rice prices, the Centre has asked traders/wholesalers, retailers, big chain retailers and processors/millers to declare their stock position of rice and paddy every Friday. Traders and millers will have to declare the stocks of paddy and almost all categories of rice, such as broken rice, non-basmati white rice, parboiled rice and basmati rice, on the …

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

Ban on onion exports, curbs on wheat stocks as govt. battles rising food prices
1 year, 3 months ago

Ban on onion exports, curbs on wheat stocks as govt. battles rising food prices

Live Mint  

The government has banned exports of onion and imposed additional limits on stocking of wheat as it seeks to augment availability of these key staples and check rising food prices ahead of the general election next year. “The prevailing supply crunch in the market owing to the early depletion of stocks from the 2022-23 rabi season and estimated lower output …

Centre expands ‘Bharat’ atta sale to curb rising wheat flour price
1 year, 4 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, 4 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 …

Govt hikes wheat MSP by ₹150 per quintal to ₹2,275/quintal for 2024-25: I&B minister
1 year, 5 months ago

Govt hikes wheat MSP by ₹150 per quintal to ₹2,275/quintal for 2024-25: I&B minister

The Hindu  

October 18, 2023 05:03 pm | Updated 05:39 pm IST - New Delhi Ahead of assembly polls in key wheat growing states, the government on Wednesday announced an increase in the minimum support price of wheat by ₹150 to ₹2,275 per quintal for the 2024-25 marketing season. Currently, the MSP on wheat stands at ₹2,125 per quintal for the 2023-24 …

Domestic Open Markets | FCI in Tamil Nadu brings down wheat, rice prices again for e-auction
1 year, 6 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 …

Govt. limits wheat stocks to control price rise, hoarding
1 year, 6 months ago

Govt. limits wheat stocks to control price rise, hoarding

The Hindu  

Sensing an upward movement in wheat prices and fearing hoarding ahead of the festive season, the Centre has decided to reduce the stock limits of wheat for traders, wholesalers, retailers, big chain retailers and processors in all States and Union Territories. “Officials of Central and State Governments will be closely monitoring enforcement of these stock limits to ensure that no …

FCI to release rice and wheat into open market to stabilise prices
1 year, 6 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 …

Onion at Subsidised Rate of Rs 25 per Kg from Today: What Centre is Doing to Fight Food Inflation
1 year, 7 months ago

Onion at Subsidised Rate of Rs 25 per Kg from Today: What Centre is Doing to Fight Food Inflation

News 18  

The apex body of consumer cooperatives – National Cooperative Consumers’ Federation of India – will start selling onions at a subsidised rate of Rs 25 per kg through retail outlets and mobile vans from August 21, in what is being seen as yet another direct market intervention by the central government. Wheat and rice: India’s staples To cool inflationary trends …

India considering to import 8-9 million tonnes of wheat from Russia amid inflation: Report
1 year, 7 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, 7 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 …

India to offer 5 million tonne wheat to bulk consumers to cool prices
1 year, 7 months ago

India to offer 5 million tonne wheat to bulk consumers to cool prices

The Hindu  

India will provide 5 million metric tonne of wheat and 2.5 million tonne of rice to bulk consumers such as flour millers, as part of efforts to augment supplies and stabilise prices, a senior government official told reporters on Wednesday. The country has adequate stocks of wheat and rice which the government can release on the open market to stabilise …

Govt to sell additional 5 million tonnes of wheat, 2.5 million tonnes of rice in open market to contain price rise
1 year, 7 months ago

Govt to sell additional 5 million tonnes of wheat, 2.5 million tonnes of rice in open market to contain price rise

Firstpost  

The government has decided to offload 50 lakh tonnes wheat and 25 lakh tonnes wheat under the Open Market Sale Scheme, Food Secretary Sanjeev Chopra said The Indian government has announced its decision to sell additional 5 million tonnes of wheat and 2.5 million tonnes of rice from the central pool in the open market to contain the rise in …

Govt to sell additional 50 lakh tons wheat, 25 lakh tons rice in open market to contain price rise
1 year, 7 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 reduces prices of wheat, rice sold through domestic open market scheme
1 year, 8 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 …

Wheat production in India takes a hit, prices shoot up
1 year, 9 months ago

Wheat production in India takes a hit, prices shoot up

India Today  

India's wheat harvest in 2023 is seen at least 10 per cent lower than the government's estimate of 112.74 million metric tons, a leading trade body told news agency Reuters on Wednesday. A New Delhi-based trader with a global trade house also said the farm ministry had overestimated this year's wheat output, while a Mumbai-based trader said the government had …

Explained | Why did the government impose a ceiling on wheat stocks?
1 year, 9 months ago

Explained | Why did the government impose a ceiling on wheat stocks?

The Hindu  

The story so far: On June 12, in a move endeavouring to manage the “overall food security and to prevent hoarding and unscrupulous speculation”, the Union Government imposed limits on stock of wheat that can be held by traders, wholesalers, retailers, big chain retailers and processors. The government has also decided to offload 15 lakh tonnes of wheat from the …

Government imposes stock limits on wheat to prevent hoarding
1 year, 9 months ago

Government imposes stock limits on wheat to prevent hoarding

The Hindu  

In order to manage overall food security and to prevent hoarding and unscrupulous speculation, the government has decided to impose stock limits on wheat for traders, wholesalers, retailers, big chain retailers and processors. "Respective legal entities, as above, have to declare the stocks position and update them regularly on the portal of the Department of Food and Public Distribution and …

Govt imposes stockholding limits on wheat till March 2024 to contain rising prices; first time in 15 years
1 year, 9 months ago

Govt imposes stockholding limits on wheat till March 2024 to contain rising prices; first time in 15 years

India TV News  

For the first time in 15 years, the government on Monday imposed stockholding limits on wheat with immediate effect till March 2024 in order to contain rising prices of the key commodity. The government also decided to offload 15 lakh tonnes of wheat to bulk consumers and traders from the central pool in the first phase under the Open Market …

Govt plans to double down on rice, millet stocking amid heat threat to wheat yield
2 years ago

Govt plans to double down on rice, millet stocking amid heat threat to wheat yield

Hindustan Times  

The central government, aware of the high chances of heatwaves over food-bowl states and their potential impact on the wheat harvest, will get by with enough stock of rice and millets to meet the country’s food security needs, according to procurement plans put in place. The government aims to procure 34.1 million tonne of wheat at federally determined prices The …

Govt. to offload additional 20 lakh tonnes of wheat in open market to cut prices
2 years, 1 month 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
2 years, 1 month 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
2 years, 1 month 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
2 years, 1 month 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 …

Centre may continue curbs on wheat export
2 years, 1 month ago

Centre may continue curbs on wheat export

Live Mint  

New Delhi: India may extend its ban on wheat exports beyond March and continue to curb shipments of non-premium rice to tamp down local prices while expanding purchases of cereal stocks that are at their lowest in five years, two people familiar with the development said. The government banned wheat export in May 2022 as shipments quickened due to the …

Costlier wheat hits staples; flour prices get 22% higher
2 years, 1 month ago

Costlier wheat hits staples; flour prices get 22% higher

Hindustan Times  

Wheat prices have remained stubbornly high in India, declining only marginally despite several measures undertaken by the government to cool prices, with a cascading effect on rates of wheat products from atta to biscuits and confectionary. Daily retail wheat flour prices on February 1 were 22% higher on an annualised basis, while wholesale prices leapt 31%, official data show. In …

Some good news on the agriculture front
2 years, 1 month ago

Some good news on the agriculture front

Hindustan Times  

After an unprecedented spring heatwave crimped production last year, India’s wheat yield in 2023 is likely to break a record and touch 112 million tonnes, this newspaper reported on Sunday, buoyed by good weather that pushed acreage under the staple crop to 34.1 million hectares, 12% higher than the five-year average. Officials from the agriculture ministry said that this was …

India to offer 3 million tonnes wheat to bulk consumers to cool prices
2 years, 1 month ago

India to offer 3 million tonnes wheat to bulk consumers to cool prices

Live Mint  

India will provide 3 million tonnes of wheat to bulk consumers such as flour millers, as part of efforts to bring down prices, which jumped to a record high on Wednesday, a government official told Reuters. "There's this consensus that bulk users will be allowed to buy up to 3 million tonnes of wheat from government stocks," said the official …

Union govt plans to release 15-20 lakh tons of wheat from FCI to contain rising prices in 2023
2 years, 2 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 …

India set to offer wheat to flour millers, biscuit makers to tame prices
2 years, 3 months ago

India set to offer wheat to flour millers, biscuit makers to tame prices

Live Mint  

India is set to offer 2 to 3 million tonnes of wheat to bulk consumers such as flour millers and biscuit makers as part of efforts to cool record high prices, two government sources said, even as state reserves have dropped to the lowest in six years. As open market prices rose above the rate at which the government buys …

Price increase in wheat & rice normal; will intervene in market in case of abnormal rise: Food Secretary
2 years, 5 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 …

Govt Permits Exports of Wheat Flour Under Advance Authorisation Scheme
2 years, 5 months ago

Govt Permits Exports of Wheat Flour Under Advance Authorisation Scheme

News 18  

The government has allowed exports of wheat flour under the advance authorisation scheme and by export-oriented units and firms in special economic zones. Wheat processors had earlier approached the government seeking permission for wheat import under the advance authorisation scheme, so that they can export value-added products. A notification dated August 27 was amended “to the extent that export of …

India’s wheat stocks plummet to 14-year low
2 years, 5 months ago

India’s wheat stocks plummet to 14-year low

Live Mint  

Extreme weather devastated both the winter-sown wheat and summer-sown rice harvests, pushing up retail food prices to a 22-month high. As a result, India's federally-owned cereal inventories, which offer subsidised grains to 80 crore people, have plummeted to a five-year low. While rice supplies are enough to cover domestic needs, wheat stocks have plummeted to a 14-year low. According to …

India has no shortage of foodgrain, assures Agricultural minister
2 years, 7 months ago

India has no shortage of foodgrain, assures Agricultural minister

Live Mint  

Foodgrain supplies in the nation are adequate to satisfy demand, according to Agricultural Minister Narendra Singh Tomar's written response to Parliament on August 2. “As on 01.07.2022, the actual stock of wheat is 285.10 lakh metric tonnes against the buffer norm of 275.80 lakh metric tonnes,” the minister told the Lok Sabha. To prevent a shortage of wheat for domestic …

Wheat stocks may be 80% higher than buffer requirement by April 23: Piyush Goyal
2 years, 7 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 …

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