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Reducing Subsidies: Let’s Focus on Food Wastage, and Not Procure and Store 50% More Than Required, Please?

The Food Corporation of India continues to have very high stocks of wheat and rice, but it’s beginning to moderate. We are still storing stocks that are ...

The Food Corporation Of India Continues to be Overstocked by 2x

The Food Corporation of India continues to own stocks way above the required buffer limits. The redemption for us is that stocks aren’t really going up, ...

FCI Wants to Import Rice Instead of Using Its Overflowing Rice Stocks. What's Going On?

The Food Corporation of India (FCI) has asked the State Trading Corporation (STC) to import rice upto 10,000 tonnes per month, to meet the need for the Public ...

FCI Continues to Stock 3x Buffer Requirement of Wheat and Rice

The government continues to buy food and stuff its buffers but things seem to have come under some layer of control now. The Food Corporation of India (FC() ...

The Govt Buys Food Like Crazy, And Wonders Why Inflation Is High

How bad can government buying of food get? I plotted CPI inflation since 2002 along with Food Corporation of India (FCI) Stocks compared to the buffers they ...

Welcome to Even More Inflation: Govt Plans to Increase Buffer Stocks by 50%

You thought inflation was high? It might get higher. The government plans to buy a heck of a lot more cereals, wheat and rice, and store them and let them rot. ...