(a) whether the Government has made any assessment with regard to economic cost of wheat and rice with the Food Corporation of India (FCI) during the last three years and the current year;
(b) if so, the details thereof; and
(c) the heads of expenditure which are taken into account while working out the economic cost of grains?
MINISTER OF STATE IN THE MINISTRY OF AGRICULTURE AND MINISTER OF STATE IN THE MINISTRY OF CONSUMER AFFAIRS, FOOD & PUBLIC DISTRIBUTION ( DR. AKHILESH PRASAD SINGH )
(a) & (b): Economic cost of wheat and rice of the Food Corporation of India (FCI) fixed for the last three years and the current year is given in the statement at Annex I.
(c): The heads of expenditure taken into account for calculating economic cost of grains are given in the statement at Annex 2.
ANNEX - 1
STATEMENT REFERRED TO IN REPLY TO PART (a) & (b) OF UNSTARRED QUESTION NO.1604 DUE FOR ANSWER ON 14.03.2005 IN THE LOK SABHA.
Economic cost of wheat and rice of the FCI for the last three years and the current year are as under: -
Year Commodity Economic Cost [Rs./Qtl]
2001-02 Wheat 852.94 Rice 1097.96
2002-03 Wheat 884.00 Rice 1165.03
2003-04 (RE) Wheat 952.51 Rice 1253.04
2004-05 (RE) Wheat 1007.66 Rice 1304.60
ANNEX - 2
STATEMENT REFERRED TO IN REPLY TO PART (c) OF UNSTARRED QUESTION NO. 1604 DUE FOR ANSWER ON 14.03.2005 IN THE LOK SABHA.
The heads of expenditure taken into account for calculating the FCI`s economic cost of grains are as under:-
Sl.No. Head
1. Pooled cost of grains
2. Procurement Incidentals:
A. Statutory Charges
i) Mandi Charges ii) Purchase Tax iii) Gunny Cost
B. Labour & Transportation Charges i) Mandi Labour ii) Forwarding Charges iii) Internal Movement
C. Storage and Interest Charges
i) Storage ii) Interest iii) Arrears
D. Administrative Charges
E. Others (Guarantee Fees)
3. Distribution Cost
i) Freight ii) Handling iii) Storage iv) Interest v) Shortages vi) Administrative Charges