Sources told FE that following the meeting of state food secretaries of key wheat producing states, the government has decided to set higher purchase under MSP operations which is expected to bolster the Food Corporation of India's (FCI) stock which had plummeted to an eight-year low currently.
Procurement in Punjab and Madhya Pradesh, two major contributors to the central pool wheat stock, is currently estimated at 13 MT and 80 MT, respectively, for next marketing season.
The government has announced an MSP of 2,275/quintal for 2024-25 season which is an increase of ₹150/quintal over the previous season.
Diese Geschichte stammt aus der February 29, 2024-Ausgabe von Financial Express Mumbai.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der February 29, 2024-Ausgabe von Financial Express Mumbai.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Sensex sinks below 75K mark
FPIs continue their selling spree; IT biggest sectoral loser
Speed, not haste: Goyal on UK FTA
Minister says India has flexibility to cut tariffs for UK
Cognizant to focus on revenue growth
Company targets for modest margin expansion in CY25
Govt seeks advisers for minority stake sales in banks, LIC
Bankers, legal advisers to be empanelled for 3 yrs
Mobilising finance key to achieve renewable energy target by 2030: Joshi
MOBILISING FINANCE IS key to achieving 500 GW of renewable energy production by 2030 and the country will require ₹32 lakh crore to reach the target, Union minister Pralhad Joshi said on Monday.
Macron and Trump Meet Over Ukraine
PRESIDENT DONALD TRUMP welcomed French President Emmanuel Macron to the White House for talks on Monday at a moment of deep uncertainty about the future of transatlantic relations, with Trump transforming American foreign policy and effectively tuning out European leadership as he looks to quickly end Russia's war in Ukraine.
Half of 2024 seed rounds cross $3 mn, finds report
LARGE SEED ROUNDS or \"mango seeds\", which are cheques of more than $3 million, made up more than half of all seed rounds in 2024, as second-time founders and elite operators raised larger formation cheques, according to Blume Venture's Indus Valley Annual Report 2025.
India Inc Chalks Out ₹4-lakh-cr Investment Blueprint for MP
ADANI GROUP, RELIANCE Industries (RIL), state-owned NTPC, and several other companies on Monday committed total investments worth around ₹4 lakh crore across various sectors in Madhya Pradesh.
NBFCs' temporary workforce driving financial inclusion: TeamLease report
THE TEMPORARY WORKFORCE in non-banking financial companies (NBFCs) is driving financial inclusion and supporting underserved markets such as micro, small and medium enterprises (MSMEs) and rural areas, according to a TeamLease report.
DBS to shrink workforce by 4,000 in 3 years: CEO
AI will deliver higher output with lesser resources, say HCLTech, Infy CEOs
