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Punjab seeks extension for rice delivery till Sept 30

Last Updated: Monday, September 02, 2013, 22:21

As Punjab rice millers failed in delivering rice worth about Rs 700 crore to the central pool for 2012-13 paddy season, the state government has sought extension in rice delivery time till September 30.

Wheat procurement by govt agencies to fall by 33%: Govt

Last Updated: Friday, August 23, 2013, 13:32

Thomas said wheat procurement in the year beginning April 2013 will be 33 percent lower than last year.

FCI plans to raise Rs 8,000 cr via bonds issue in FY'14

Last Updated: Tuesday, June 11, 2013, 21:49

State-run Food Corporation of India is planning to raise Rs 8,000 crore through issue of bonds in the current fiscal to improve its working capital.

Food grains transport for NE India via B`desh begins

Last Updated: Sunday, June 09, 2013, 15:48

Transporting food grains for the mountainous northeastern states of India via Bangladesh began on Sunday.

'Govt can get Rs 25K cr by export of 17MT wheat lying in open'

Last Updated: Sunday, May 19, 2013, 15:52

The government could garner over Rs 25,000 crore by just exporting 17 million tonnes of wheat that are lying in open storage facilities of FCI, an Assocham study said.

Govt may reduce export price of FCI wheat: Thomas

Last Updated: Tuesday, April 30, 2013, 15:25

Amid poor response from private traders for wheat export bids, Food Minister K V Thomas on Tuesday said the government may consider reducing the benchmark price of the grain to make exports viable and clear surplus stocks.

Wheat exports feasible as global prices firming up: FCI

Last Updated: Sunday, April 21, 2013, 13:14

Amid demands from traders to cut floor price of government wheat for exports, Food Corporation of India (FCI) Sunday said global price of the grain is firming up and it is still feasible to undertake shipments.

Bonds sale to help FCI save Rs 127 cr interest cost

Last Updated: Wednesday, April 10, 2013, 20:31

State-run Food Corporation of India (FCI) on Wednesday said it would save Rs 127.54 crore annually in interest cost on cash credit limit as it has raised Rs 5,000 crore through bonds issue to increase cash flow.

FCI raises Rs 5000 crore through bond issue to improve cash flow

Last Updated: Tuesday, March 26, 2013, 18:57

State-run Food Corporation of India (FCI) on Tuesday said it has raised Rs 5000 crore through issue of bonds, which was over subscribed by 1.77 times, to improve its cash flow.

Centre discriminating in foodgrain procurement: CM

Last Updated: Thursday, February 21, 2013, 21:11

Chief Minister Nitish Kumar Thursday accused the Centre of discriminating against Bihar with Food Corporation of India (FCI) going back on its promise of procuring foodgrain speedily despite repeated requests.

Centre discriminating with Bihar in foodgrain procurement: Nitish

Last Updated: Thursday, February 21, 2013, 17:02

Chief Minister Nitish Kumar accused Centre of discriminating against Bihar with Food Corporation of India (FCI) going back on its promise of procuring foodgrain speedily despite repeated requests.

Govt mulls allowing private traders in export of FCI wheat

Last Updated: Friday, February 15, 2013, 14:40

The government on Friday said it is working on a proposal to allow private traders in additional wheat export from the central stocks as part of its efforts to create space for the new crop.