Home
|
Sitemap
|
FAQs
|
Contact Us
Product
Country
Menu
About Agri Exchange
Introduction
Apeda Agri Exchange
The Vision
Benefits / Facilities
To Exporters
To Buyers
Product Profile
Floriculture
Floriculture
Fruits & Vegetables Seeds
Fresh fruits & Vegetables
Fresh Onion
Other Fresh Vegetables
Walnuts
Fresh Mangoes
Fresh Grapes
Other Fresh Fruits
Others (Betel Leaves & Nuts)
Processed Fruits & Vegetables
Cucumber and Gherkins (Prepd. & Presvd.)
Processed Vegetables
Mango Pulp
Processed Fruits,Juices & Nuts
Pulses
Animal Products
Buffalo Meat
Sheep/ Goat Meat
Other Meat
Processed Meat
Animal Casing
Poultry Products
Dairy Products
Natural Honey
Caseins
Albumin (Eggs & Milk)
Other Processed Foods
Groundnuts
Guar Gum
Jaggery & confectionery
Cocoa Products
Cereal Preparation
Milled Products
Alcoholic Beverages
Miscellaneous Preperations
Cereals
Basmati Rice
Non Basmati Rice
Wheat
Maize
Other Cereals
Country Profile
United Arab Emirates
Saudi Arabia
Malaysia
Bangladesh
United States
Vietnam
Kuwait
Iran
United Kingdom
Indonesia
...View more country profiles
FTA's
Analytical Report on FTAs
Tariff Concession under FTAs
Statistics
International Trade
India's Export
India's Import
Production
International Production
India Production
Market Intelligence
e-Bulletin
Global Analytical Report
India's Export Analytical Report
Comparative Report On APEDA Products
Comparative Report On Principal Commodities
Import Tariffs
Import Regulations
SPS Notifications
DGFT : Public Notice, Notifications, Circular and Trade Notice
India Food Safety & Standards
Market Reports
Foreign Trade Policy 2023
Chapter 01 - Legal Framework and Trade Facilitation
Chapter 02 - General Provisions Regarding Imports and Exports
Chapter 03 - Developing Districts as Export Hubs
Chapter 04 - Duty Exemption Remission Schemes
Chapter 05 - Export Promotion Capital Goods (EPCG) Scheme
Chapter 06 - Export Oriented Units (EOUs), Electronics Hardware Technology Parks (EHTPs), Software Technology Parks (STPs) and Bio-Technology Parks (BTPs)
Chapter 07 - Deemed Exports
Chapter 08 - Quality Complaints and Trade Disputes
Chapter 09 - Promoting Cross Border Trade in Digital Economy
Chapter 10 - Scomet: Special Chemicals, Organisms, Materials, Equipment and Technologies
Chapter 11 - Definitions
Newsletters
Latest News
Latest Newsletter
Archives
Directory
Exporters
Service Providers
Logistics
Trade Leads
Submit New lead
Buy Leads
Sell Leads
Indian Mission Login
Market News
With rice purchases up 11% till December, FCI set to meet 521 lakh tonnes target.
Jan 04, 2023
The Centre has procured 68 per cent, as of December 31, of the targeted 521 lakh tonnes (lt) of rice to be procured through the Food Corporation of India (FCI) and other government agencies during October-March this crop year to June. The Centre may have to procure additional quantities in Chhattisgarh, Madhya Pradesh and Odisha to offset an expected shortfall in Uttar Pradesh, Telangana, Tamil Nadu and Bihar.
Amid depleting stock of rice in Central Pool and drought in some States, achieving the target is important for the Government to continue its grains distribution for various welfare programmes and under the National Food Security Act. The development is important in view of fears raised over foodgrain stocks in the country. Rice stock in the Central Pool was 115.42 lt as of December 1, 2022 against 213.03 lt year-ago.
Up in Haryana, down in Punjab
Rice procurement has reached 355.9 lt until December 31 in the ongoing marketing season that began on October 1. This is is 11 per cent higher than 320.7 lt during the year-ago period, the latest official data show. As many as 63.9 lakh farmers have got the benefit of selling at minimum support price (MSP). Procurement in Punjab and Haryana have been completed with 121.9 lt and 39.5 lt, respectively. While the purchase in Punjab is lower by 3.3 lt (down by 2.6 per cent), it is 3 lt more (up by 8.2 per cent) in Haryana.
Procurement in Tamil Nadu was nil during December against 1.2 lt a year ago and 82 per cent lower in November whereas it was over four times higher in October from the year-ago period. The target in Tamil Nadu is 19.9 lt from the kharif-grown rice and it is 22 per cent more at 5.8 lt until December 31.
'In the current season, paddy faced an unprecedented moisture problem in Tamil Nadu. It impacted public procurement in the last two months. Also because the demand for paddy was higher from Karnataka and Andhra Pradesh private traders, farmers preferred to sell them in view of higher price and less quality problems,' said trade policy expert S Chandrasekaran. The delta districts had excessive and continuous rainfall, he added.
UP scenario
Mandi prices of paddy in Tamil Nadu have increased to Rs.2,028/quintal currently from an average of Rs.1,909 in October whereas the minimum support price (MSP) is Rs.2,060/quintal for Grade A variety. The bulk of government purchase (over 85 per cent) are Grade A variety of paddy.
In Uttar Pradesh, 27.6 lt have been procured against 28.3 lt a year ago, down by 2.5 per cent. However, the absolute fall has widened to 30,000 tonnes in December from about 11,000 tonnes in October. Traders said procurement in the western region will drop further while eastern parts may match last year’s level. The target in UP has been fixed at 40 lt of rice and procurement will continue until January 31 in the western region and up to February 28 in the eastern parts.
In Telangana, the procurement has lagged behind by 7.2 per cent at 37.4 lt until December 31 against 40.3 lt a year ago and nearly 75 per cent of the kharif target has been purchased. Officials said procurement in Telangana has slowed down and it registered a 28 per cent decline in December, whereas there was a 49 per cent jump in November. As procurement will end this month, it is unlikely to see any major improvement, officials said adding that a 2-3 lt shortfall against the target of 50 lt is likely.
Rise in other purchases
Bihar is another State where procurement, though up so far, may not able to achieve target of 30 lt this year due to drought. The current procurement, started in November and to continue until March, is at par with 8.5 lt of year-ago level.
On the other hand, Chhattisgarh, Odisha and Madhya Pradesh reported 3 per cent, 62 per cent and 65 per cent jump in procurement during December. Chhattisgarh has reported a 48 per cent increase this season at 52.6 lt so far, mainly due to the purchase being advanced by a month. A relaxation by the Centre to allow purchase beyond the 61 lt target may help the State to contribute 70-75 lt to Central Pool, sources said.
thehindubusinessline.com
Archive