Wheat procurement by govt agencies to fall by 33%: Govt

Last Updated: Friday, August 23, 2013, 13:32

Thomas said wheat procurement in the year beginning April 2013 will be 33 percent lower than last year.

Wheat procurement by govt agencies to fall by 33 pc: Govt

Last Updated: Friday, August 23, 2013, 13:08

Wheat procurement by government agencies this year will fall to about 25 million tonne from 38 million tonne last year due aggressive buying by private traders, Food Minister K V Thomas said today.

CCEA okays additional 2 MT wheat exports from FCI godowns

Last Updated: Thursday, August 8, 2013, 21:15

The Cabinet Committee on Economic Affairs (CCEA) approved the food ministry's proposal to export additional 2 million tonnes of wheat, sources said after the meeting.

USDA sees India's 2013-14 wheat crop lower than govt estimate

Last Updated: Wednesday, June 12, 2013, 14:45

The US Department of Agriculture (USDA) has pegged India's wheat production at 87 million tonne (MT) this year, which is lower by seven percent from the government's latest estimate of 93.6 MT.

'Govt can get Rs 25K cr by export of 17MT wheat lying in open'

Last Updated: Sunday, May 19, 2013, 15:52

The government could garner over Rs 25,000 crore by just exporting 17 million tonnes of wheat that are lying in open storage facilities of FCI, an Assocham study said.

FCI incurred avoidable expenditure of Rs 376 crore in 2006-12: CAG

Last Updated: Tuesday, May 7, 2013, 19:32

SGAs procure wheat for the Central Pool which they have to deliver to FCI immediately after procurement.

Govt lowers wheat procurement target by 25% to 33 million tonnes

Last Updated: Tuesday, May 7, 2013, 14:39

In view of higher output, government had pegged wheat procurement to be a record 44.12 MT in the current marketing year that started in April, as against 38.1 MT last year.

Hooda writes to PM, seeks bonus on wheat`s MSP

Last Updated: Wednesday, May 1, 2013, 19:35

Haryana Chief Minister Bhupinder Singh Hooda on Wednesday urged Prime Minister Manmohan Singh to provide a bonus on minimum support price of wheat to the farmers.

Govt may reduce export price of FCI wheat: Thomas

Last Updated: Tuesday, April 30, 2013, 15:25

Amid poor response from private traders for wheat export bids, Food Minister K V Thomas on Tuesday said the government may consider reducing the benchmark price of the grain to make exports viable and clear surplus stocks.

47.83 lakh tonnes of wheat arrives in Haryana

Last Updated: Friday, April 26, 2013, 12:39

As much as 47.83 lakh tonnes of wheat has so far arrived in the mandis of Haryana during the current procurement season.

Wheat exports feasible as global prices firming up: FCI

Last Updated: Sunday, April 21, 2013, 13:14

Amid demands from traders to cut floor price of government wheat for exports, Food Corporation of India (FCI) Sunday said global price of the grain is firming up and it is still feasible to undertake shipments.

India likely to export 7.5 million tonnes of wheat: FAO

Last Updated: Tuesday, April 16, 2013, 21:58

India's wheat exports are likely to touch a record high of 7.5 million tonnes in the current marketing year ending June 2013 on account of record crop and larger carry over stocks, while many other exporting nations are expected to face tight supplies, an FAO report said.