New Delhi, June 2 (IANS) The Food Corporation of India (FCI) has rejected allegations of favouritism and promotion of monopoly in the award of silo projects, asserting that the tendering process was open, transparent and conducted to enable more companies to participate in accordance with established procurement norms.The statement was issued to contradict a report in Newslaundry portal which alleged that the Department of Economic Affairs and NITI Aayog pushed the FCI to drop an “anti-monopoly”…
Latest Food Corporation of India News & Updates
New Delhi, May 30 (IANS) If rainfall is deficient due to the development of El Nino in June, the transmission to food inflation, rural demand and aggregate growth could be swift, adding to the existing inflationary pressures stemming from elevated global energy prices, the Finance Ministry’s ‘Monthly Economic Review’ for May said on Saturday.Looking ahead, agricultural prospects for the upcoming kharif season are a source of both near-term comfort and medium-term caution, it said.”On the p…
Hyderabad, May 29 (IANS) Telangana tops among all the states in India in paddy procurement during Rabi season, Minister for Irrigation and Civil Supplies, N. Uttam Kumar Reddy, said on Friday. The minister said Telangana has already procured 60 lakh tonnes of paddy, compared to about 24 lakh tonnes in Andhra Pradesh, 11-12 lakh tonnes in Tamil Nadu, 3 lakh tonnes in Maharashtra, and nearly 2 lakh tonnes in Kerala.He told a press conference that Telangana is conducting what is arguably the most s…
Aizawl, May 17 (IANS) Union Minister of State (MoS) for Consumer Affairs, Food and Public Distribution (CAF&PD), Nimuben Jayantibhai Bambhaniya, on Saturday, highlighted that under the leadership of Prime Minister Narendra Modi, around 81 crore people, a population larger than that of the entire Europe, continue to receive free ration across the country. She said that providing free rations to 81 crore people makes it the largest food security programme in the world.Addressing an interaction…
Jaipur, April 21 (IANS) To strengthen wheat procurement at the Minimum Support Price in the Kota-Bundi region, Lok Sabha Speaker Om Birla on Tuesday chaired a high-level review meeting at the CAD Auditorium with officials from the Food Corporation of India, Rajfed, Tilamsangh, NCCF, and the district administration in Kota. Birla directed all agencies to increase procurement targets at mandis and procurement centres, stressing that no farmer arriving to sell wheat at the Minimum Support Price …
New Delhi, April 20 (IANS) The government is looking at stepping up efforts to promote Flex Fuel Vehicles (FFVs) as it looks to deepen ethanol use in the transport sector amid disruptions in the world oil market due to the Middle East conflict.The Ministry of Petroleum and Natural Gas (MoPNG) is scheduled to hold a key stakeholder meeting on Monday to chart out a road map for adopting FFVs in India, according to reliable sources.The meeting, to be chaired by the Additional Secretary at MoPNG, wi…
Bhopal, April 15 (IANS) Amid the ongoing wheat procurement drive in Madhya Pradesh, former Chief Minister Digvijaya Singh has raised serious concerns over alleged irregularities in the storage and handling of wheat in Raisen and Sehore districts, urging Chief Minister Mohan Yadav to order a high-level probe. In a letter to Chief Minister Yadav on Wednesday, Singh claimed that mismanagement of procured wheat between 2017 and 2020 led to massive financial losses and wastage of foodgrain meant f…
New Delhi, April 10 (IANS) The government has allowed exports of basmati and non-basmati rice to certain European countries without the mandatory certificate of inspection for a period of six months, according to an official notification issued on Friday.The requirement for an inspection certificate, issued by the export inspection agency, will continue to apply only to European Union member states, the United Kingdom, Iceland, Liechtenstein, Norway and Switzerland. All other European countries …
New Delhi, April 8 (IANS) The Informal Group of Ministers (IGoM), chaired by Defence Minister Rajnath Singh, held its third meeting to assess India’s readiness in the face of the evolving situation in West Asia. The high-powered group reviewed measures to ensure energy security, food supply stability, and overall economic resilience.Defence Minister Rajnath Singh directed all ministries to remain vigilant and focus on preparedness, coordination, and resilience building. He stated tha…
Chandigarh, April 9 (IANS) The Central Bureau of Investigation (CBI) court in Punjab’s Mohali has convicted and sentenced 11 accused, including Rajesh Ranjan, the then District Manager with the Food Corporation of India (FCI), to three years of rigorous imprisonment with a total fine of Rs 3.3 lakh in a 20-year-old corruption case. The other convicted are Azad Singh, the then Deputy Manager; D.K. Sharma and Gian Singh, both the then Assistant Managers of the FCI, posted in Faridkot; Raj Kumar, R…