FCI sold rice to ethanol plants below acquisition cost, Rajya Sabha told
India, July 29 -- The Food Corporation of India (FCI) sold rice to ethanol distilleries at Rs.2,250-2,320 per quintal between June 2025 and June 2026, roughly 40% below its average acquisition cost of Rs.3,720-3,889 per quintal, according to a written reply to the Rajya Sabha on Tuesday.
Minister of state for consumer affairs, food and public distribution Nimuben Jayantibhai Bambhaniya, replying to a question by MP Ashok Singh, said FCI dispatched 6.35 million tonnes of rice worth Rs.14,596.78 crore from its warehouses to ethanol plants over the 12-month period.
Haryana received the largest quantity among the top five recipients at 844,141 tonnes, followed by Uttar Pradesh at 838,645 tonnes, Punjab and Himachal Pradesh combined at 658,9...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.