DATE: TUESDAY, SEPTEMBER 1, 2026
★ SPECIAL PRINT EDITION ★
SECTION: INDIA

Subsidised rice meant for labourers sold to traders

Subsidised rice meant for labourers sold to traders

Sep 01, 2026 - 20:00
Subsidised rice meant for labourers sold to traders: CBI probes Rs 28-crore ‘scam’
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Key Highlights

  • The Central Bureau of Investigation (CBI) registered an FIR last week against former officials of the Food Corporation of India (FCI), officials of the North Eastern Regional Agricultural Marketing Corporation (NERAMAC), and private traders over an alleged Rs 28.87-crore rice scam.
  • According to the FIR, registered NERAMAC allegedly lifted approximately 50,645 MT at a concessional rate of Rs 23,200 per metric tonne (Rs 23.20 per kg), compared to the prevailing reserve price of Rs 28,900 per metric tonne.
  • The CBI alleged that under the OMSS(D) policy dated July 10, 2025, NERAMAC, a central government-owned enterprise, was ineligible for non-auction allotments, a privilege reserved strictly for state governments and state corporations.

The Central Bureau of Investigation (CBI) has registered an FIR against former officials of the Food Corporation of India (FCI) and North Eastern Regional Agricultural Marketing Corporation (NERAMAC) in connection with a massive rice scam worth Rs 28.87 crore.

According to the FIR, NERAMAC allegedly lifted approximately 50,645 metric tonnes of rice at a concessional rate of Rs 23,200 per tonne, significantly lower than the prevailing reserve price of Rs 28,900 per tonne.

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Cbi alleges that under omss(d)

The CBI alleges that under the OMSS(D) policy dated July 10, 2025, NERAMAC was ineligible for non-auction allotments, a privilege reserved exclusively for state governments and state corporations. Had the lifted quantity been auctioned at the reserve price, FCI would have earned an additional Rs 28.87 crore.

The case names eight accused, including two Assam-based companies and a Kolkata-based firm. The CBI claims that former officials, including Rajesh Bajaj and Pankaj Saraf, colluded with private entities to lift rice from FCI depots at Ghevra, Mayapuri, and Narela.

Also Read: Rs 1 crore-plus withdrawn from Bihar school accounts: Teacher suspended, probe ordered

Instead of distributing the rice to intended beneficiaries, the accused allegedly contacted traders in Delhi-NCR, who were paid a commission ranging from Rs 0.64 to Rs 2.50 per kg for lifting the rice. The funds were remitted into NERAMAC's bank account and later transferred to FCI Delhi region.

The CBI alleges that the rice was further sold to other traders, earning huge profits. The agency has forwarded the complaint to the Neutral Committee, which had been constituted to examine the allotment of rice to NERAMAC.

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Tech journalist and AI enthusiast who enjoys keeping up with the latest in hardware, processors, emerging AI tools, and software. I like digging into new technology, understanding how things actually work, and following the developments that could shape the way we use technology in the future.

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