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Food Corporation of India

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Learn from 2014: How the Modi govt can tame rising food prices

Jun 10, 2015

Learn from 2014: How the Modi govt can tame rising food prices

While prices of food grains can be contained by releasing government stock into the open market, such a thing is not possible in case of vegetables, given their short shelf life. #Economy #Inflation #GDP #RBI #World Bank #Narendra Modi #Rice #Wheat #InMyOpinion #Agriculture #Monsoon #Kharif crop #IMD #Food Corporation of India #Irrigation #Food Stocks #CRISIL Research #Shanta Kumar committee
India in biggest wheat import deals since 2010 as rains damage crop

Mar 31, 2015

India in biggest wheat import deals since 2010 as rains damage crop

Indian flour millers have bought between 70,000 and 80,000 tonnes of Australian prime wheat for April-May shipment at $260-$265 a tonne, including cost and freight. #Economy #India #Australia #Wheat #NewsTracker #Agriculture #Food Corporation of India #Flour mill
Surprise: Thanks to 'labour gangs', some FCI loaders earn Rs 4 lakh per month

Jan 24, 2015

Surprise: Thanks to 'labour gangs', some FCI loaders earn Rs 4 lakh per month

So, how do these labourers earn more than double of what the FCI chairman-cum-managing director gets? It's the faulty system that is leading such abuse of government funds. #Government #Salary #Union #Food Corporation of India #FCI #Shanta Kumar #FCI loaders #government fund
Corruption in FCI is frightening; revamp report addresses root causes: Shanta Kumar

Jan 24, 2015

Corruption in FCI is frightening; revamp report addresses root causes: Shanta Kumar

Problems will be there, but someone will have to start from somewhere, says Kumar who headed the panel on restructuring Food Corporation of India #Congress #Food Corporation of India #Opposition #Food Security Act #amendment #Shanta Kumar #FCI restructuring
Revamping Food Corp: Panel wants Food Security Act changed but will BJP bite the bullet?

Jan 23, 2015

Revamping Food Corp: Panel wants Food Security Act changed but will BJP bite the bullet?

The report of the High Level Committee on Reorienting the Role and Restructuring of Food Corporation of India submitted to the Prime Minister on Wednesday, makes a slew of suggestions. #Economy #food #HowThisWorks #minimum support price #Ashok Gulati #Food Corporation of India #FCI #farming #National Food Security Act #Gautam Pingle
Cutting food subsidy to cash transfer: Panel suggests steps to revamp FCI

Jan 22, 2015

Cutting food subsidy to cash transfer: Panel suggests steps to revamp FCI

The eight-member committee, was set up in August 2014 under the chairmanship of BJP MP Shanta Kumar, to recommend a complete overhaul of the way the mammoth organisation, FCI, functions. #Narendra Modi #TheySaidIt #Food Corporation of India #Ram Vilas Paswan #Food subsidy #Direct Cash Transfer #Panel #wheat rice
Govt directs Food Corporation of India to provide PDS grains to flood-hit Kashmir

Sep 08, 2014

Govt directs Food Corporation of India to provide PDS grains to flood-hit Kashmir

The government directed Food Corporation of India (FCI) to ensure adequate and timely supply of PDS foodgrains to flood-hit people in Jammu and Kashmir. #India #Jammu and Kashmir #NewsTracker #Floods #Food Corporation of India #Srinagar #FCI #Disaster #Ram Vilas Paswan #Flash Flood #Union Food Minister
Govt hopes to cut subsidy bill by Rs 23,400 cr; sets up high-level panel for FCI revamp

Aug 21, 2014

Govt hopes to cut subsidy bill by Rs 23,400 cr; sets up high-level panel for FCI revamp

The terms of reference of the panel are to study various models of restructuring or unbundling of the FCI and suggest the best-suited model to improve its operational efficiency and financial management. #India #Wheat #Agriculture #MSP #minimum support price #farmer #Subsidy #Himachal Pradesh #Food Corporation of India #FCI #food grain #Restructure #Panel
Restructuring FCI: Govt sets up high-level panel to remove cost inefficiencies

Aug 21, 2014

Restructuring FCI: Govt sets up high-level panel to remove cost inefficiencies

The FCI, set up under the Food Corporation Act 1964, is a nodal agency for procurement, storage and distribution offoodgrains to PDS and other welfare schemes. #PDS #Food Corporation of India #FCI #Welfare Schemes
India extends rice stock limit by one year, effort to check price rise: Govt

Nov 29, 2013

India extends rice stock limit by one year, effort to check price rise: Govt

India, the world's second biggest rice producer, has decided to extend by one year the stock holding limit on the grain to check any rise in prices on account of hoarding of the essential food item, a government statement said on Friday. #Rice #NewsTracker #Vietnam #Thailand #Food Corporation of India