Covid battle: FCI’s ‘excess stock’ comes in handy

States have estimated procurement of another 40 million tonnes this season, as against 35 mn tonnes a year ago, which will more than adequately fill up silos where stocks may have depleted due to the govt’s decision to provide an additional quota of five kg of grains, free of cost, to 80 crore poor. Stocks in July may hit 85-90 mn tonnes, as against the buffer norms of over 41 mn tonnes for that time of the year.

from Times of India https://ift.tt/3bdm3wK