Food Category
Production of rice in the ongoing kharif season is expected to be 6.7 million tonnes less than last year, according to the first advance estimate of agriculture production for the 2022-23 crop year (July-June). This is almost 6.05 per cent less than the same period last year at 104.99 million tonnes. Rice production in the 2021-22 kharif season was a record […]
The government said there is sufficient wheat stock in the country and that it will take action against hoarders, if needed, to boost domestic supply. The Centre may consider steps like asking for disclosure of wheat stocks by traders and imposing stock limits to augment domestic availability. Addressing the 82nd AGM of Roller Flour Millers Federation of […]
A whopping 3 million tonnes (mt) of stocks procured mostly in the last two years is forcing the government to sell chana (gram) below the minimum support price (MSP) from the buffer held with the National Agricultural Cooperative Marketing Federation of India (NAFED). NAFED has sold chana through open auction at the price ranging between Rs 4,416-Rs […]
The Centre will soon invite private players along with Food Corporation of India and other state agencies to procure foodgrains for buffer stock, food secretary Sudhanshu Pandey said. He informed that the Union food ministry has already written to all the state governments regarding this. Addressing 82nd annual general meeting of Roller Flour Millers Federation of India, […]
The government will soon announce export quota of sugar for next marketing year starting October, Food Secretary Sudhanshu Pandey said. He however did not disclose the quantity of sugar that will be allowed for export in 2022-23 marketing year. “We will soon announce the sugar export policy for next season,” Pandey told reporters here on the sidelines […]
The food ministry has approved a policy to extend the leases for storage depots, built under the private entrepreneurs guarantee (PEG) scheme for grain storage by the Food Corporation of India (FCI). A 10-year lease period has recently lapsed in the case of almost half of the PEG capacity used by the FCI The aim […]
Rice stocks in the central pool will plunge below the buffer for the first time in at least two decades by the end of this financial year, if the free ration scheme – Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) – is extended for the seventh time to the October-March FY23 period. The stocks will […]
A 6-7 million tonnes shortfall in rice production due to a fall in paddy sowing area is likely to keep rice prices at elevated levels, adding to the inflationary pressure that the slowing economy is already grappling with. Elevated food prices, including that of cereals, had led to retail inflation reversing a three-month declining trend, […]
Oilmeals exports rose 71 per cent in August to 2,82,498 tonnes on better demand for rapeseed meal, according to trade data. The exports stood at 1,64,831 tonnes in the same month last year, the Solvent Extractors’ Association of India (SEA) said in a statement. During April-August 2022, exports rose 40 per cent to 15,31,010 tonnes […]
Kharif or monsoon sowing of groundnut in India declined by 0.3 million hectares (MH) for the 2022-23 season to 4.51 MH from 4.86 MH as per government data indicating a 7.2% decrease across the nation, Financial Express reports. In Gujarat, the highest groundnut-producing state in the country, the acreage of the important oilseed has gone […]
