The Food Corporation of India (FCI) was established in 1965. It aims to ensure food security in the country. FCI procures, stores, and distributes food grains. It plays a crucial role in implementing the Public Distribution System. The corporation stabilises prices and supports farmers. FCI also addresses issues of hunger and malnutrition. Its operations are vital for India's agricultural economy.
The Cabinet Committee on Economic Affairs (CCEA) recently approved a substantial equity infusion of ₹10,700 crore into the Food Corporation of India (FCI). This decision, made on November...
The paddy procurement crisis in Punjab has reached a critical juncture in 2024. Despite favourable weather conditions, only 37.68 lakh tonnes of paddy have been procured by the...
