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Thursday, March 28, 2024
TopicFCI

Topic: FCI

Pasta, noodles, flour could get cheaper as FCI plans wheat reserve price cut to clear stock

FCI move aims to promote higher purchase by private buyers, which came down to nil in June. The agency has run out of storage facilities.

FCI has highest rice, wheat stock since 2005. Modi govt continuing legacy of bad economics

It is clear from the rising stock of rice and wheat that the government has been buying more from farmers than what it requires during a pandemic.

Modi govt now wants Egypt to buy surplus wheat, after refusing Turkey and desperate Iran

Egypt's main wheat buying agency is looking to purchase 6,00,000 MT of soft or milling wheat and India is eyeing this contract.

A ‘smart’ device will test rice quality now as govt says manual system promotes corruption

In 7 states, FCI will use the portable AnnadarpanSMART device to determine the quality of rice at 3 stages — procurement, storage and distribution.

Modi govt ‘risks’ National Small Savings Fund by using it to support struggling PSUs

Loans from NSSF to PSUs have risen 500% since 2016-17, though some can’t repay them. Critics say this is govt’s way of keeping fiscal deficit in control.

New procurement policy will allow states to rope in private players to ensure MSP to farmers

The cabinet headed by PM Modi has approved a new procurement policy to ensure minimum support price to farmers.

Union Cabinet approves Rs 200 per quintal hike in MSP for paddy

The minimum support price of paddy has been increased by Rs 200 to Rs 1,750 per quintal.

Zeroing in on five myths

When you speak nonsense, you are told to get your head examined. But there are times when you do not even need to do...

On Camera

Profit margins in lottery industry are tiny. Here’s how Future Gaming paid for its electoral bonds

Neither state govts nor companies earn large profits from lotteries. However, a look at the system shows there’s ample evidence of murky dealings and financial irregularities. 

Amid plans to lift AFSPA, Army starts joint training with Jammu & Kashmir Police

In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.