- India is managing record rice stocks for export confidence while government procurement of wheat addresses domestic food inflation amid El Nino forecasts.
- El Nino is threatening India's agricultural stability by disrupting monsoon patterns, leading the government to formulate mitigation plans.
- El Nino risks disrupting the annual kharif crop, leading the central government to manage grain reserves via the FCI and allocate grains to state governments.
- The central government is managing the Food Corporation of India (FCI) grain reserves, setting policies for rice reserve sales, and considering ethanol diversion due to climate threats.
Analysts in New Delhi report on rice prices, noting that MSP increases are aiding the rice price uptrend and availability in West Bengal.
1 report, 1 independent
Updated Aug 7
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What happened
Analysts in New Delhi report on rice prices, noting that MSP increases are aiding the rice price uptrend and availability in West Bengal.
Who's involved
What this event is mainly aboutKeep exploring
Part of
The central government is managing the Food Corporation of India (FCI) grain reserves, setting policies for rice reserve sales, and considering ethanol diversion due to climate threats.Also in this story
- The Central Government reduced the Food Corporation of India's role in procurement and storage, allowing private players to operate FCI godowns.
- Drought affects major rice producing states, prompting calls for intervention from the Food Corporation of India (FCI) regarding market stability and production issues.
- Procurement now includes the Food Corporation of India (FCI) for grain-based feedstocks, contributing to national ethanol sales volume and serving as a platform for government replies.
- The Food Corporation of India is currently issuing rice from its facilities in Madhya Pradesh to supply an ethanol plant in Chhindwara, operating under the Centre's ethanol blending programme.
The entities involved
- RICE
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West Bengal
Indian state
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Food Corporation of India
Indian government corporation
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