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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India slowly gets rid of subsidy on kerosene by gradual smaller price hikes

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The government of India has eliminated subsidy on poor man’s fuel, kerosene through small fortnightly price increases. Kerosene sold through the public distribution system (PDS) is now priced at market rates. The Union Budget for 2021-22 makes no provision for payment of subsidy on kerosene in the fiscal year beginning April, according to budget documents […]

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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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ICRIER recommends implementing diversified food basket schemes by the government

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The central government needs to implement schemes that encourage a diversified food basket by mapping the food consumption patterns and nutrition, a study by Indian Council for Research on International Economic Relations (ICRIER) said. The trade-off between promoting agricultural production and nutrition must be confronted and leveraging agricultural policies and programmes to be more “nutrition-sensitive” […]

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FCI moves 60 lakh tonnes food grains during April 2020, more than double the monthly average of 30 lakh tonnes

The Food Corporation of India (FCI) moved 60 lakh tonnes food grains in the month of April 2020 surpassing the highest ever single month movement of 38 lakh tonnes achieved during March 2014 by 57 per cent. This is more than two times the normal monthly average of about 30 lakh tonnes. The quantity includes […]

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