Foodgrain stock in FCI kept safe ahead of monsoon: Paswan

Image
Press Trust of India New Delhi
Last Updated : Jun 07 2019 | 6:55 PM IST

Sitting on a foodgrain stock that is almost two times the required level, the government Friday said the reserves in the FCI godowns across the country have been "kept safe" ahead of monsoon.

Food Minister Ram Vilas Paswan, who reviewed the functioning of the Food Corporation of India (FCI), also said its officials have been directed to speed up the construction of modern silos with a capacity to store 10 million tonnes of foodgrain.

The government's grain inventory has built up due to record production and procurement in the last few years. The reserves with the FCI are about twice the required level of 41.1 million tonnes, as on June 1.

Southwest monsoon has been delayed and is expected to hit Kerala in the next couple of days.

Asked if the government has taken measures to handle overflowing godowns during monsoon, Paswan said: "The foodgrain procured by the FCI is not kept open. It is kept safely in the godowns."
A food ministry official said "the total foodgrains stock was almost two times higher than the required level of 41.1 million tonnes as on June 1."

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 07 2019 | 6:55 PM IST

Next Story