India’s rice procurement for buffer stocks down 17% in Feb
Rice procurement by agencies including the Food Corporation of India fell 17% in February. However, October–February purchases rose 1.9% year-on-year to 463.06 lt. With a 477.49 lt kharif target for 2025-26, experts say slower procurement growth supports fiscal balance and stock rationalisation.
Rice procurement by parastatal agencies such as the Food Corporation of India (FCI), declined by 17 per cent in February. However, the purchases for the Central Pool stock during the October 2025-February 2026 period — the first five months of the procurement season — was up 1.9 per cent at 463.06 lakh tonnes (lt). This was against 454.36 lt a year ago.
Experts said the fall in procurement is good for the economy as the increased in procurement has shrunk from 4 per cent until January 31.
The all-India rice purchase target has been fixed at 477.49 lt in 2025-26 from the kharif-grown crop. The total procurement in 2024-25 from kharif and rabi crops was 545.22 lt.
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Source : The Hindu Business line
