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FCI expects to earn Rs 3,400 cr from wheat exports

Last Updated: Tuesday, December 17, 2013, 19:13

State-owned Food Corporation of India (FCI) is expecting to earn more than Rs 3,400 crore from wheat exports in the current fiscal.

FCI expects to earn Rs 3,400 cr from wheat exports

Last Updated: Tuesday, December 17, 2013, 17:36

In August, the CCEA had allowed 20 lakh tonne (LT) of wheat exports from FCI's godowns in 2013-14 fiscal through public sector trading firms such as STC, PEC and MMTC.

Govt sells 1.8 mn tonnes wheat to bulk buyers under OMSS so far

Last Updated: Tuesday, December 10, 2013, 14:24

Government has so far sold 1.8 million tonnes of wheat to bulk buyers such as floor millers and traders under the Open Market Sale Scheme (OMSS).

Wheat acreage five times higher this year so far

Last Updated: Friday, November 1, 2013, 20:11

Acreage of wheat, a major rabi (winter-sown) crop, rose by five times to 4.15 lakh hectares from 0.83 lakh hectares in the year-ago period, on account of good monsoon.

Govt cuts wheat MEP to $260 a tonne

Last Updated: Wednesday, October 30, 2013, 18:55

The government on Wednesday reduced the minimum export price of wheat by USD 40 per tonne to USD 260 per tonne as it found no buyer at the higher floor price of USD 300.

'20 million tonnes wheat wasted in India every year'

Last Updated: Friday, October 25, 2013, 18:36

Around 20 million tonnes of wheat is wasted in India every year due to inadequate storage infrastructure, Institution of Mechanical Engineers said on Friday.

BJP disappointed over `marginal` hike in MSP for wheat

Last Updated: Friday, October 18, 2013, 13:10

The BJP expressed disappointment over "marginal" increase in minimum support price for wheat by the government.

Govt raises wheat MSP by Rs 50 to Rs 1,400 per quintal

Last Updated: Thursday, October 17, 2013, 13:46

The government on Thursday raised the minimum support price (MSP) for wheat by Rs 50 to Rs 1,400 per quintal to encourage farmers to cover more area under the crop in the ongoing rabi season.

CCEA likely to approve Rs 50 per quintal increase in wheat MSP on Oct 17

Last Updated: Tuesday, October 15, 2013, 20:01

The Cabinet Committee on Economic Affairs (CCEA) is likely to approve this Thursday a proposal to raise the minimum support price (MSP) of wheat by Rs 50 per quintal to Rs 1,400 for the year starting April 2014.

Food subsidy scheme: Himachal demands wheat flour, not grain

Last Updated: Monday, September 30, 2013, 22:38

Himachal Pradesh Monday asked the central government to provide wheat flour in place of wheat grain under the National Food Security Act that will enable over 37 lakh people to get subsidised food grains in the state.

India may set record wheat output this year on good rain: Govt

Last Updated: Thursday, September 26, 2013, 15:27

The government on Thursday said the country's wheat production this year may surpass the previous record of 94.88 million tonnes after good rains took water reservoir levels to a 10-year high.

Govt aims to earn $600 mn by exporting 2 mn tonne wheat: FCI

Last Updated: Wednesday, September 11, 2013, 15:35

Government allowed the FCI to export 2 million tonnes of wheat as part of its efforts to cut down huge stocks at its warehouses.