# Giving away FCI grains as aid a temporary solution; price support and PDS reforms key in long-term - TriumphIAS

> Commentary argues that giving away FCI grain stocks as aid is only a short-term fix for India's stock glut, which stands at 669.15 lakh tonnes against a norm of 307.7 lakh tonnes. It calls for reform of procurement and price support policy.

- Date: 2019-10-18 · published 2019-10-18T12:00:00.000Z
- Category: policy · region India · magnitude low
- Page: https://feedsoft.ai/events/56518-giving-away-fci-grains-as-aid-a-temporary-solution-price-support-and-pds
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Opinion piece on policy; the surplus it describes is the underlying bearish supply factor for Indian wheat and rice.

## Read by commodity

- RICE: neutral
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-08-04 | [Ukraine introduces 0.714 coefficient for minimum export prices on grains and oilseeds](https://feedsoft.ai/events/12804-ukraine-introduces-0-714-coefficient-for-minimum-export-prices-on-grains-and.md) | +0.1% | +5.3% |
| WHEAT | 2025-12-08 | [Trump is giving farmers $12 billion in aid \| AP News](https://feedsoft.ai/events/21483-trump-is-giving-farmers-12-billion-in-aid-ap-news.md) | -1.5% | -1.0% |
| WHEAT | 2025-02-05 | [Russia's struggling grain trader gives up foreign passport to keep business](https://feedsoft.ai/events/14234-russia-s-struggling-grain-trader-gives-up-foreign-passport-to-keep-business.md) | -0.7% | -4.1% |
| WHEAT | 2020-07-28 | [India asks WTO for permanent solution to food stockholding - Agro & Food Processing](https://feedsoft.ai/events/52084-india-asks-wto-for-permanent-solution-to-food-stockholding-agro-and-food.md) | -1.0% | +0.2% |
| WHEAT | 2023-08-28 | [Central govt's restrictions on rice exports puts wheat and sugar in focus \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/34529-central-govt-s-restrictions-on-rice-exports-puts-wheat-and-sugar-in-focus.md) | -4.7% | -1.9% |
| RICE | 2024-03-24 | [Post-harvest support seen as key in taming inflation - BusinessWorld Online](https://feedsoft.ai/events/31272-post-harvest-support-seen-as-key-in-taming-inflation-businessworld-online.md) | -6.1% | +9.3% |
| RICE | 2018-06-11 | [ASOG backs Philippine rice import tariffication, hosts round table discussion for farmer and labor groups](https://feedsoft.ai/events/64598-asog-backs-philippine-rice-import-tariffication-hosts-round-table-discussion.md) | +10.6% | +8.7% |
| RICE | 2019-07-29 | [Rice industry group wants tighter import regulations](https://feedsoft.ai/events/58172-rice-industry-group-wants-tighter-import-regulations.md) | -4.0% | -10.0% |

## Sources

- triumphias.com: https://triumphias.com/blog/giving-away-fci-grains-as-aid-a-temporary-solution-price-support-and-pds-reforms-key-in-long-term/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.