Day 24
Agriculture & FoodSkim2025-02-14
Revised Policy for FCI Rice Sale for Ethanol
What Happened
The Department of Food and Public Distribution revised the policy for selling FCI rice to distilleries for ethanol production in the 2024-25 cycle. Rice will be provided at a fixed reserve price of 2,250 rupees per quintal nationwide with no additional transport costs. This scheme operates under the Open Market Sale Scheme (Domestic) to ensure a steady supply of feedstock.
Why It Matters
The move stabilizes feedstock costs for distilleries to help India meet its 20 percent ethanol blending target while managing surplus food grain stocks.
Quick reference — brief coverage only.