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Centre slashes FCI rice price by Rs 550 per quintal to Rs 2,250 for states, ethanol makers under OMSS

Synopsis The Centre lowers the reserve price of FCI rice under OMSS by Rs 550 per quintal to Rs 2,250 for states and ethanol producers to support food security and boost sales. State governments, state-run corporations, and ethanol distilleries can purchase at reduced rates, while private traders continue to pay the previous price. New Delhi: […]

MSP paddy purchases cross last year’s level

FCI annually supplies 38 MT of rice for supply to the beneficiaries under the Pradhan Mantri Garib Kalyan Anna Yojana. Written by Sandip Das. Despite a sluggish commencement of procurement because of storage crunch in Punjab, the government’s paddy procurement drive this season (2024-25) in major producing states has crossed 48.3 million tonne (MT), marginally […]

Govt may reduce reserve sale price for rice for ethanol production.

No takers for FCI stocks among grain based distilleries. Written by Sandip Das. Given the high rice stocks, the government is discussing a reduction in the reserve sale prices of broken rice offered to grain-based distilleries for ethanol manufacturing from the central pool held by the Food Corporation of India (FCI). Sources told FE that […]

Odisha rice mills face storage crisis amidst new paddy procurement season

They have expressed concern about the lack of space to accommodate new paddy stocks from the upcoming procurement cycle. Express News Service JEYPORE: The non-availability of adequate storage space in rice mills has cast uncertainty over the scheduled paddy procurement for the current Kharif season in Koraput district, set to begin on December 11. Millers […]

Govt asks IIT-Kharagpur to probe claims of lower turn-out ratio of rice from new hybrids

National Agricultural Research System has developed 524 new varieties and hybrids of field crops and 167 of horticultural crops, says Agriculture Minister. By BL Mangaluru Bureau The Centre has entrusted IIT-Kharagpur to conduct a study into claims of a lower turn-out ratio of rice from certain new hybrid varieties of paddy grown in Punjab, the […]

FCI forms 8 teams to check rice quality

With complaints about “poor” quality of rice received from Punjab by the other rice consuming states trickling in, the Food Corporation of India has decided set up eight teams to randomly check the rakes of rice being dispatched from the… Ruchika Khanna With complaints about “poor” quality of rice received from Punjab by the other […]

Check quality of rice twice before sending it outside: FCI to field staff

The action follows in the wake of similar reports of rice failing quality test in Nagaland, Karnataka, Assam and Arunachal Pradesh.Written by Kanchan Vasdev Days after rice transported to Nagaland and other states from Punjab was found “unfit for human consumption”, the Food Corporation of India (FCI) has asked its field staff to double-check rice […]