To strengthen its clean energy agenda, the Indian government has approved an extra 2.8 million tonnes of FCI rice for ethanol production during the 2024–25 ethanol supply year. This brings the cumulative rice allocation under the Ethanol Blended Petrol (EBP) scheme to 5.2 million tonnes. Posted by Shivam In a significant move to accelerate its […]
Synopsis The Federation of Seed Industry of India (FSII) is urging central intervention against Punjab’s ban on hybrid paddy seeds, warning of substantial income losses for farmers. FSII argues the ban, citing water depletion and milling recovery issues, contradicts the Seed Act and threatens farmers relying on these high-yield, adaptable varieties. NEW DELHI: The Federation […]
By Rajendra Jadhav and Mayank Bhardwaj MUMBAI, April 16 (Reuters) – India’s wheat stocks in government warehouses surged 57% to a three-year high at the start of the new crop year this month, official data showed, easing supply concerns that drove domestic prices to an all-time peak earlier this year. Higher opening stocks will help […]
By Gurpreet Singh Nibber. The ban led to a buildup of rice stocks and a sharp decline in international prices. Before the ban, India regularly exported 10 to 12 lakh tonnes of broken rice, but with the restriction in place, trade shifted to countries like Vietnam, Thailand and Pakistan. Chandigarh The Director General of Foreign […]
In FY24, India shipped rice worth $10.41 billion, a decline of 6.5% on year, as shipments were hampered because of restrictions that were imposed to improve domestic supplies. Written by Sandip Das The government’s move to lift the ban on broken rice exports — the last of the restrictions on the shipments of the grain […]
Exporters say that rice exports in the entire FY25 may see an increase of 15%, because of a robust global demand, to cross a record $12 billion. Written by Sandip Das. The government on Friday lifted the ban on broken rice, which was imposed in September 2022. This was the last of restrictions on rice […]
Purchases to end this month in 5 states; more buys many not be desirable: Experts. By BL New Delhi Bureau. Rice procurement across the country has reached 45.84 million tonnes (mt) as of February 28, after the 2024-25 marketing season began on October 1. This is 5 per cent higher from 43.84 mt a year […]
The agriculture ministry has projected the kharif rice production to reach a record 119.93 MT in 2024-25 crop year (July-June), against 113.26 MT in 2023-24 crop year. Written by Sandip Das Close to five months into procurement drive in 2024-25 season (October-September), the government’s paddy purchase in key producing states have crossed 67.91 million tonne […]
FCI’s purchases ample to tackle any ‘unforeseen eventuality’ By Prabhudatta Mishra Rice purchase by the Food Corporation of India (FCI) for the Central Pool stock during the October 2024-January 2025 period was 41.591 million tonnes (mt), up by 4.6 per cent from 39.747 mt in the year-ago period. Experts say the procurement is ample to […]
Last week, the government lowered the issue price of rice to be sold to distilleries for making ethanol to ₹22.50/kg, as against the economic cost of ₹39.75/kg, effectively subsidising ₹17.25/kg from public exchequer. By Prabhudatta Mishra. Oil marketing companies this week are expected to float tender under Cycle 3 (C3) for the supply of about […]
