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Monday, November 4, 2024
TopicFood Corporation of India

Topic: Food Corporation of India

4 states want Centre to extend paddy procurement deadline as lockdown and rain hit season

West Bengal, Maharashtra, Tamil Nadu and Assam wrote to Centre, asking for an extension until 30 September from the current deadline of 15 September.

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.

Economic Survey recommends repeal of Essential Commodities Act, abolishment of FCI

Economic Survey 2019-20 blames the 1955 EC Act and the Food Corporation as govt interventions that have undermined markets and held back agricultural growth.

Before Modi govt can hope to fix India’s economy, it should fix how it manages Budget

In recent years, Budget management under Modi govt has been challenging because of the economic slowdown, and GST implementation.

In 5 years of Modi rule, Food Corporation of India’s debt tripled to Rs 2.65 lakh crore

Govt hasn’t allocated enough funds towards food subsidy in the budget, forcing FCI to borrow from other sources, mainly National Small Savings Fund.

‘Fudge Corp of India’ – How Modi govt uses FCI to keep fiscal deficit artificially low

Modi government has been transferring a part of its liabilities to FCI by giving it loans from NSSF and lowering the actual food subsidy in the budget.

On Camera

Trudeau is nursing snakes in his own backyard. Misguided Sikhs in Canada are losing the plot

By turning a blind eye to the snakes in his own backyard, Trudeau is setting the stage for a disaster of epic proportions for his country, his people, and the world at large.

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.

India carries out 1st patrol in Depsang since disengagement with China, to take things ‘slow’

While there are patrolling points (PP) 10, 11, 12, 12A and 13 in the Depsang Plains, the patrol in the region Monday was carried out to only one point as decided by India and China.

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.