Why is the FCI holding on to more grain?
Why is the FCI holding on to more grain?
A significant gap between the quantum of procurement of grains and the volume of allocation to States under the National Food Security Act (NFSA) has resulted in the FCI holding on to more grain stocks than needed. This has resulted in rising food subsidy expenses, as buffer carrying costs have been rising steadily.
How are foodgrains stored in Food Corporation of India?
“The foodgrains procured for the Central pool and available with the Food Corporation of India (FCI) are generally stored in a scientific manner in covered godowns, with various preservation measures like fumigation and treatment with pesticides.
When did India experience highest decadal increase in food grain production?
Answer In the years 2001-02 and 2003-04 our country crossed the 200 million tonnes per year mark in food grain production. (b) In which decade did India experience the highest decadal increase in food grain production?
How are foodgrains allocated under the NFSA?
One of the many measures being currently discussed is the allocation of additional foodgrains per beneficiary under the NFSA.
Why are Food Corporation of India granaries overflowing?
As a result, stocks of food grain in the central pool continue to remain much in excess of stocking norms. With Food Corporation of India granaries overflowing, the government is looking to liquidate its grain stocks to prevent damage and minimise the carrying cost in the country beyond the requirement.
A significant gap between the quantum of procurement of grains and the volume of allocation to States under the National Food Security Act (NFSA) has resulted in the FCI holding on to more grain stocks than needed. This has resulted in rising food subsidy expenses, as buffer carrying costs have been rising steadily.
Why is the central pool of food grain overflowing?
Procurement of wheat and rice in the central pool has been increasing over the years, leading to accumulation of surplus stock of wheat and rice with FCI. As a result, stocks of food grain in the central pool continue to remain much in excess of stocking norms.
“The foodgrains procured for the Central pool and available with the Food Corporation of India (FCI) are generally stored in a scientific manner in covered godowns, with various preservation measures like fumigation and treatment with pesticides.