Skip to content
  • Facebook
  • X
  • Linkedin
  • WhatsApp
  • YouTube
  • Associate Journalism
  • About Us
  • Privacy Policy
  • 033-46046046
  • editor@artifex.news
Artifex.News

Artifex.News

Stay Connected. Stay Informed.

  • Breaking News
  • World
  • Nation
  • Sports
  • Business
  • Science
  • Entertainment
  • Lifestyle
  • Toggle search form
  • Delhi Police Personnel To Travel In Metro With Weapons During Crisis
    Delhi Police Personnel To Travel In Metro With Weapons During Crisis Nation
  • Access Denied Sports
  • Woman, Boyfriend Killed By Her Family In UP, Murders Staged As Suicides: Cops
    Woman, Boyfriend Killed By Her Family In UP, Murders Staged As Suicides: Cops Nation
  • Jagannath Temple’s Ratna Bhandar Opens After Over 40 Years
    Jagannath Temple’s Ratna Bhandar Opens After Over 40 Years Nation
  • Access Denied Sports
  • Access Denied
    Access Denied Nation
  • Protesters on violent Gen Z protests in Nepal
    Protesters on violent Gen Z protests in Nepal World
  • Cracks In Pakistan Team? Ex Star Claims Skipper Mohammad Rizwan Unhappy With This Player’s Selection
    Cracks In Pakistan Team? Ex Star Claims Skipper Mohammad Rizwan Unhappy With This Player’s Selection Sports
Food Corporation of India not to consider request by States for more foodgrains under open market scheme

Food Corporation of India not to consider request by States for more foodgrains under open market scheme

Posted on June 23, 2023 By admin


A Food Corporation of India warehouse. File
| Photo Credit: The Hindu

As Opposition-ruled State governments such as Karnataka and Tamil Nadu criticised the Centre’s decision to restrict the supply of foodgrains through the Open Market Sale Scheme (Domestic) to 100 metric tonnes (MT), the Food Corporation of India (FCI) made it clear on June 23 that the Centre’s priority was to curb inflation.

Chairman and Managing Director of the FCI Ashok K.K. Meena told reporters that the maximum quantity to be sold through OMSS was limited to accommodate small wheat processors and traders. State governments had alleged that such a move was against the interest of the poor.

Controlling inflation

When asked about the complaint of the State governments, Mr. Meena said the State governments would keep on demanding. “State governments are going to give the foodgrains to the same beneficiaries under the Pradhan Mantri Garib Kalyan Ann Yojana or they would be using the foodgrains for State schemes where identified beneficiaries are there. The Government of India is already providing foodgrains for 80 crore people. Additionally, 60 crore consumers need to be taken care of. OMSS operations would be carried out in the interest of those 60 crore people so that inflation remains under control for the rest of the country,” Mr. Meena said.


Also read | No rice for Anna Bhagya scheme, Centre tells Karnataka

He added that the government had now directed the FCI to conduct the e-auctions of wheat and rice to check the inflationary trends. “We will give 100 MT for a bidder. We are keeping another condition that whoever purchases cannot export or give it to another State’s agencies. We are giving only for consumption. They need to have a GST number and State governments are not permitted (to buy from bidders),” Mr. Meena said.

He said instruments, including reducing the import duty on wheat was under consideration of the Centre if inflationary trend continued. “Government will use other instruments if the prices do not come down. This includes reducing import duty on wheat,” he added.

He said no State would demand for additional foodgrains under OMSS as the Centre’s policy was clear. When asked about FCI’s earlier promise to give food stocks to Karnataka, he said the government worked at different levels. “When the government policy in writing is available, the government has functional autonomy to take decision based on the existing policy. So some order was issued. The Karnataka regional officer of FCI did not know that such discussions were going on. So the moment government order was issued, and the policy was changed, the Karnataka region has taken immediate steps and complied with the Centre’s decision,” he said.


Also read | Centre scuttling Karnataka Anna Bhagya Scheme, says Congress 

He said Manipur was the only State which received foodgrains under OMSS as an exemption considering the law and order situation. “The bidding is also limited to the local buyers by ensuring that the GST registration of the State is mapped and checked before stocks are released. These measures are taken to ensure a wider local reach for the stocks offered in a particular State. Four MT of wheat is being offered in the first e-auction from 457 depots across the country,” he said adding that 5 MT rice would be offered in the next auction scheduled in July.



Source link

Business

Post navigation

Previous Post: Centre says stoppage of rice and wheat supply to States is aimed at controlling inflation
Next Post: Walmart helps link 8 lakh producers to markets; farm groups sceptical

Related Posts

  • Access Denied Business
  • ‘Security risks, IT costs won’t impede AI progress’
    ‘Security risks, IT costs won’t impede AI progress’ Business
  • Retail inflation slows to 99-month low of 1.54% in September 2025 on falling food & fuel prices
    Retail inflation slows to 99-month low of 1.54% in September 2025 on falling food & fuel prices Business
  • TARS Project Management increases stake in US-based UMB Bank to 33%
    TARS Project Management increases stake in US-based UMB Bank to 33% Business
  • Access Denied Business
  • Rupee starts 2026 on negative note; falls 11 paise to 89.99/USD in early trade
    Rupee starts 2026 on negative note; falls 11 paise to 89.99/USD in early trade Business

More Related Articles

Budget 2023 | Social security cuts irk trade unions Budget 2023 | Social security cuts irk trade unions Business
Budget 2023 | PAN to be used as common identifier for digital systems Budget 2023 | PAN to be used as common identifier for digital systems Business
Indonesia plans import duties on clothing, ceramics, minister says Indonesia plans import duties on clothing, ceramics, minister says Business
Rupee recovers from all-time low, rises 9 paise to 83.69/$ in early trade Rupee recovers from all-time low, rises 9 paise to 83.69/$ in early trade Business
Economic Survey 2023-24: Convergence of efforts at Centre, States needed to improve quality of education Economic Survey 2023-24: Convergence of efforts at Centre, States needed to improve quality of education Business
Markets fall for third day on weak global equities, spike in Brent crude oil prices Markets fall for third day on weak global equities, spike in Brent crude oil prices Business
SiteLock

Archives

  • May 2026
  • April 2026
  • March 2026
  • February 2026
  • January 2026
  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022

Categories

  • Business
  • Nation
  • Science
  • Sports
  • World

Recent Posts

  • China, U.S. should be ‘partners not rivals’, says Xi Jinping after meeting Donald Trump
  • Iran working on Hormuz ‘protocol’ to cover ‘costs’, says Deputy Foreign Minister Gharibabadi
  • Zydus Lifesciences arm to acquire U.S. oncology firm Assertio for $166 million
  • Israel-Iran war LIVE: Iran working on Hormuz ‘protocol’ to cover ‘costs’, says Dy FM Gharibabadi
  • Russia to fulfil all agreements on energy supply to India: FM Lavrov

Recent Comments

  1. Jeffreyroure on UP Teacher Who Asked Students To Slap Muslim Classmate
  2. Stevemonge on UP Teacher Who Asked Students To Slap Muslim Classmate
  3. RichardClage on UP Teacher Who Asked Students To Slap Muslim Classmate
  4. StevenLek on UP Teacher Who Asked Students To Slap Muslim Classmate
  5. Leonardren on UP Teacher Who Asked Students To Slap Muslim Classmate
  • Access Denied Business
  • AAP’s Raghav Chadha On Budget 2025
    AAP’s Raghav Chadha On Budget 2025 Nation
  • Access Denied World
  • Bayern Munich Sign France Winger Michael Olise From Crystal Palace
    Bayern Munich Sign France Winger Michael Olise From Crystal Palace Sports
  • CBI Shuts Case Vs NCP Praful Patel, Who Is Now In NDA Days Before Lok Sabha Polls
    CBI Shuts Case Vs NCP Praful Patel, Who Is Now In NDA Days Before Lok Sabha Polls Nation
  • Bangladesh’s special tribunal sends 15 serving Army officers to jail in enforced disappearances, killings cases
    Bangladesh’s special tribunal sends 15 serving Army officers to jail in enforced disappearances, killings cases World
  • U Mumba TT vs Ahmedabad SG Pipers, Ultimate Table Tennis 2024: Live Score Updates
    U Mumba TT vs Ahmedabad SG Pipers, Ultimate Table Tennis 2024: Live Score Updates Sports
  • Access Denied
    Access Denied Nation

Editor-in-Chief:
Mohammad Ariff,
MSW, MAJMC, BSW, DTL, CTS, CNM, CCR, CAL, RSL, ASOC.
editor@artifex.news

Associate Editors:
1. Zenellis R. Tuba,
zenelis@artifex.news
2. Haris Daniyel
daniyel@artifex.news

Photograher:
Rohan Das
rohan@artifex.news

Artifex.News offers Online Paid Internships to college students from India and Abroad. Interns will get a PRESS CARD and other online offers.
Send your CV (Subjectline: Paid Internship) to internship@artifex.news

Links:
Associate Journalism
About Us
Privacy Policy

News Links:
Breaking News
World
Nation
Sports
Business
Entertainment
Lifestyle

Registered Office:
72/A, Elliot Road, Kolkata - 700016
Tel: 033-22277777, 033-22172217
Email: office@artifex.news

Editorial Office / News Desk:
No. 13, Mezzanine Floor, Esplanade Metro Rail Station,
12 J. L. Nehru Road, Kolkata - 700069.
(Entry from Gate No. 5)
Tel: 033-46011099, 033-46046046
Email: editor@artifex.news

Copyright © 2023 Artifex.News Newsportal designed by Artifex Infotech.