Crop arrivals to mandis rise after Supreme Court stays the three farm laws

Arrivals of several crops in the organised mandis have picked up ever since the Supreme Court stayed the implementation of the three contentious farm laws on 12 January, 2021, according to official data on the Union agriculture ministry’s Agmarknet portal. Of the ten major kharif crops, mandis have seen increased arrivals in five crops – […]

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No plans to hike PDS foodgrain prices in near future: Food Minister Piyush Goyal

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Food minister Piyush Goyal said there was no proposal before his ministry to increase the rate of foodgrain sold through ration shops under the National Food Security Act (NFSA). The ration shops, also known as Public Distribution System (PDS), sells foodgrains at highly subsidized rates to the card holders. The recent Economic Survey has recommended […]

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Food Corporation of India’s operations need to be overhauled to keep pace with country’s requirements: Minister

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Following a series of meetings chaired by Piyush Goyal, minister for food, consumer affairs, commerce, industry and railways, with FCI and senior government officials, the government of India has proposed to revise archaic grain standards of the FCI, which were set 20-30 years ago. The plan includes keeping with advances in harvesting and handling technologies, […]

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Paddy procurement up 21% at 375.72 lakh tonnes so far; valued at nearly Rs 71,000 crore

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Paddy procurement in the ongoing kharif marketing season has so far increased by 21 per cent to 375.72 lakh tonnes, valued at Rs 70,937.38 crore. In the ongoing kharif marketing season (KMS) 2020-21, the government continues to procure kharif 2020-21 crops at its MSP (minimum support price) from farmers, an official statement said. The Kharif […]

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Adani Group refutes buying directly from the farmers; only manage grain silos for FCI

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Adani group has denied reports that it is buying harvested crops from the farmers. The group has also rubbished any claim of fixing the price for farmers’ produce. The port-to-energy-to commodities conglomerate said it only develops and operates grain silos for Food Corporation of India (FCI). Recently, Adani’s name has been echoing during farmer protests along with Reliance […]

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Food Corporation of India to offer fixed costs to arhatiyas (commission agents) for rice procurement in Punjab and Haryana

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The Food Corporation of India (FCI), the largest procurer of farm produce from the APMC mandis, has started a paying a fixed fee for commission agents (arhatiyas) in Punjab and Haryana, for rice purchases during the current kharif season, instead of an MSP-linked fee. The move could deflate the FCI’s procurement cost over the years, […]

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FCI, others procure 151.17 lakh tonnes of paddy at MSP for Rs 28,543 crore so far

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State-owned FCI and state procurement agencies have bought 21 per cent more paddy so far in the kharif marketing season of this year at 151.17 lakh tonnes amounting to Rs 28,543 crore. Paddy procurement for kharif 2020-21 is progressing smoothly in Punjab, Haryana, Uttar Pradesh, Tamil Nadu and Kerala with purchase of over 151.17 lakh […]

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Punjab to encourage farmers to switch to maize cultivation instead of less remunerative paddy

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Punjab’s Agriculture Department has launched a campaign to bring 2 lakh hectares of land under maize cultivation up from the current 1.08 hectares. The department hopes that it will lead to production of 7,60,000 metric tonnes of maize. The Punjab Agriculture Department has also launched a programme to compensate some farmers in paddy dependent districts […]

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Nearly 43 lakh tonnes of kharif paddy already procured by government agencies at MSP in the last 16 days: Food ministry

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About 43 lakh tonnes of kharif paddy worth Rs 8,033 crore was purchased at the minimum support price (MSP) from 3.57 lakh farmers in the last 16 days, the food ministry said in a released statement. Paddy procurement commenced in Punjab and Haryana from September 26 due to early arrival of the crop, while in […]

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