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Sunday, November 3, 2024
TopicFood Corporation of India

Topic: Food Corporation of India

Food Corporation of India selects Coforge for its digital transformation project, Anna DARPAN

Anna DARPAN aims to enhance supply chain management efficiency.

Govt allows FCI to sell surplus wheat & rice produce to private players from next month

Surplus wheat will be sold at Rs 2,325 per quintal & rice at Rs 2,800 per quintal — lower than current market rates. Open market sale is aimed at regulating domestic supply & prices.

India may cut wheat import duty if needed, reports ET Now citing food corporation head

According to the government, wheat production rose to 112.74 million metric tons from 107.7 million metric tons last year.

How Modi govt’s steel silos plan can stop loss of stored foodgrains, save Rs 1,350 cr/year

Steel silos planned to be set up at 249 sites can hold 11 million tonnes of foodgrains. They’ll be linked through hub-and-spoke model, with rail connection at one large facility.

Monetising FCI warehouses good. Modi govt must ensure revenue won’t go to fanciful projects

As a result of asset monetisation, the private sector may preserve and maintain stocks more economically than FCI-owned warehouses.

May incur huge losses if FCI doesn’t accept delivery of rice: Punjab food minister to Centre

In a letter to Union minister Piyush Goyal, Bharat Bhushan Ashu said that the FCI had completely stopped taking any delivery of custom-milled rice for the past one week.

Delhi, Modi govt spar as Kejriwal minister says ‘no MSP wheat procurement centre’ set up

Department of Food and Public Distribution claims it has procured nearly 16 tonnes of wheat in Delhi since the Rabi marketing season began 1 April.

Crop procurement begins in 2 days but Amarinder’s fight with Modi govt over payment mode is on

CM Amarinder Singh has lashed out at Modi govt for its ‘one-sided’ decision to impose direct benefit transfer of MSP to farmers. Payments are currently routed through arhatiyas.

FCI’s conflicting roles are reason why it fails to benefit India’s poorest farmers

The FCI’s price support for farmers is one of the largest welfare programmes in India. But it is largely ineffective in reaching those who need it most.

Only 6% ‘elite’ farmers opposing the bills, says BJP veteran who recommended farm reforms

Former Himachal CM Shanta Kumar, who headed a committee formed by Modi govt to study agricultural reforms, says most small farmers don’t benefit from MSP.

On Camera

As a Hindu Canadian, I am deeply hurt by cancellation of Diwali. My community is now sidelined

Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

Indian firms sanctioned by US didn’t violate laws, says MEA. Hyderabad firm that supplied to Army on list

Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.