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FCI Expects 342 Lakh Tonne Wheat Procurement This Year Due To Better-Than-Expected Output

Amid higher production estimates of wheat, a senior Food Corporation of India (FCI) official said on Friday that the government and private sector need to work together to ensure that prices remain stable. FCI Chairman and Managing Director Ashok Kumar Meena said that in view of better-than-expected wheat output, estimates and the government’s assurance to […]

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Food/Entertainment News

FCI Sells 18 Lakh Tonne Wheat At Auctions To Contain Prices

Food Corporation of India (FCI) has sold 18.05 lakh tonne of wheat in open market after the government decided to augment the supply of foodgrain in the markets to contain the rising wheat and wheat flour prices. Of the sold wheat at three auctions that were held so far, about 11 lakh tonne of wheat […]

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Food/Entertainment News

FCI Sells 9.2 Lakh Tonne Wheat In First Auction To Contain Prices

Food Corporation of India offered 22.0 lakh tonne of wheat out of 25 lakh tonne earmarked in the first e-auction through the open market sale that took place during Wednesday-Thursday. Of which, a quantity of 9.2 lakh tonne was sold across the country, according to a government release on Friday. In the e-auction, more than […]

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