Category Archives: NATIONAL

ethanol production, reserve price of FCI rice is Rs 2,800 per quintal

The government has made some changes in the sale policy of FCI rice stocks for 2024-25, which is for ethanol production and other uses. Key highlights are:

The reserve price of FCI rice for ethanol distilleries has been kept at Rs 2,800 per quintal, same for the whole country.

Only those distilleries will buy rice which are registered with OMCs (Oil Marketing Companies) for ethanol supply. Distilleries will have to show their signed contract and certificate.

Distilleries can get rice allocated from the FCI depot of their choice, but the quantity will be as per the OMC contract.

OMCs will provide details of ethanol production to FCI every month.

The reserve price of rice for private parties, cooperatives and state governments has also been fixed at Rs 2,800 per quintal.

In August 2024, the government had removed the ban on rice sale on ethanol distilleries, but ethanol manufacturers were not interested in the earlier auctions due to high prices. Now with the new fixed prices the government has streamlined the policy.

V Narsyanan appointed chairman of ISRO

V Narayanan has been appointed as the new Chairman of Indian Space Research Organisation (ISRO) and Secretary of Department of Space. He is replacing S Somanath, whose tenure ends on 14 January 2025. Narayanan, who is currently the Director of Liquid Propulsion Systems Centre (LPSC), Valiamala, will take over the charge of his new post and his tenure will be of two years. This appointment was announced by the Appointments Committee of the Cabinet on 7 January 2025.

Narayanan has almost 40 years of experience in the field of rocket and spacecraft propulsion. He has contributed to many important projects of ISRO, such as the development of CE20 Cryogenic Engine for GSLV Mk III. As Director of LPSC, he has successfully delivered 183 Liquid Propulsion Systems and Control Power Plants used for several ISRO missions.

Narayanan has had a highly impressive career and has demonstrated his capabilities in important projects such as Aditya spacecraft and GSLV Mk-III missions. He has been awarded the Shri Award from the Astronautical Society of India and the Distinguished Alumni Award of IIT Kharagpur for his achievements.

With his appointment, ISRO will take new steps in space exploration with new dreams and advanced technology. Narayanan’s leadership will bring a new direction and enthusiasm for ISRO.