Govt to rope in private players for kharif rice procurement

Last Updated: Sunday, August 2, 2015, 13:01

Faced with inadequate storage facility, the Centre has decided to engage private players during the current kharif season for procurement of rice in Uttar Pradesh and four other eastern states.

Food Corporation gets Rs 13,000 cr as food subsidy from govt

Last Updated: Sunday, August 2, 2015, 11:47

To ensure smooth procurement and distribution of grains, the government has released Rs 13,000 crore as food subsidy to state-owned Food Corporation of India (FCI).

FCI moots proposal to raise Rs 40,000 cr via bonds from LIC

Last Updated: Sunday, June 21, 2015, 15:39

"These are specially designed bonds meant for LIC to liquidate subsidy arrears due from the government to FCI," source said.

FCI to enhance wheat procurement in eastern states

Last Updated: Tuesday, June 16, 2015, 15:46

He said FCI has put all efforts to enhance the procurement of wheat and during RMS 2015-16, 21 lakh MT of wheat has been procured till date from 3.70 lakh farmers at MSP.

Interests of farmers, consumers high on agenda: Paswan

Last Updated: Monday, June 1, 2015, 21:17

Food and Consumer Affairs Minister Ram Vilas Paswan said on Monday that interests of farmers and consumers were high on the government agenda.

Wheat procurement falls to 21.73 mn tonne despite eased norms

Last Updated: Wednesday, May 6, 2015, 14:16

The government has kept wheat procurement target of 30 MT for the current year, as against the actual procurement of 28 MT in the last year.

FCI asks NE states to set up market yards, milling capacity

Last Updated: Wednesday, February 18, 2015, 18:25

To expand the reach of minimum support price mechanism in North-Eastern region, the Food Corporation of India (FCI) has asked these states to set up market yards infrastructure and milling capacity with the help of private sector.

Govt can save over Rs 30,000 crore food subsidy with FCI rejig

Last Updated: Thursday, January 22, 2015, 20:25

Government's food subsidy bill can come down by over Rs 30,000 crore a year by reducing coverage of beneficiaries to 40 percent under the food law and outsourcing major work of FCI to states governments and private players, a high-level panel said Thursday.

FCI rejig: Panel for direct cash transfer of food subsidy

Last Updated: Thursday, January 22, 2015, 00:16

After oil, a cut in food subsidy is on the anvil as a high-level panel Wednesday suggested giving cash to beneficiaries and shifting rice and wheat procurement to states that do not have provisions for administered purchase price.

FCI rejig: Panel submits report, PM asks for FoodMin views

Last Updated: Wednesday, January 21, 2015, 23:32

Prime Minister Narendra Modi Wednesday asked the food ministry to expeditiously give its comments on the FCI restructuring plan proposed by a high- level committee headed by BJP MP Shanta Kumar.

CCEA nod to maintain higher buffer stock of foodgrains

Last Updated: Friday, January 16, 2015, 17:59

To avoid shortage of foodgrains once all states implement the food law, government Friday approved raising buffer stock and strategic reserve limits of Food Corporation of India for both wheat and rice.