The probe confirmed that 28 individuals were employed as security guards after they used forged credentials of ex-servicemen.
India’s food management body, FCI’s dependence on short-term loans and interest costs would reduce with this capital infusion.
This decision aims to support the agricultural sector by enhancing FCI’s operational and financial strength, reflecting the government's commitment to empowering farmers and reinforcing India’s agrarian economy.
Apart from procuring food grains at MSP, FCI is also responsible for maintaining food stocks and distributes the grains under different welfare schemes.
In comparison to the purchase of 14,000 metric tonnes of paddy last year (2022), about 20,993 metric tonnes of paddy has been purchased from 3,663 farmers in 14 markets established across the state in the current year (2023), the officials said.
The Food Corporation of India (FCI) has sold more than 2.37 million tonne (MT) of wheat from its stock in the open market through weekly e-auctions this fiscal so far thus curbing increase in retail prices.. But, what is behind the soaring wheat prices .. Catch Manisha Gupta in conversation with Ajay Goyal, Owner, Shivaji Roller Flour Mills as they discuss key reasons for the price rise globally
The government is committed towards price stabilization and its market intervention is aimed at providing relief to the consumers, the food ministry said in a release.