NEW DELHI: Over 100 monkeys died after allegedly inhaling a pesticide sprayed in a Food Corporation of India (FCI) warehouse and were then secretly buried in a pit by warehouse workers to conceal the incident.The tragic discovery came to light when the buried carcasses were exhumed on Friday by a team of veterinarians for postmortem.Circle…
NEW DELHI: Nearly 28% of grains supplied by Food Corporation of India (FCI) and state governments never reach the intended beneficiaries and the economic loss to the exchequer is estimated to be more than Rs 69,000 crore, a paper by an economic think tank has revealed and called for urgent reforms of the system.Analysing data…
NEW DELHI: The Cabinet on Wednesday approved Rs 10,700 crore equity infusion in Food Corporation of India (FCI) for working capital requirement during the current financial year, which will reduce the interest burden by around Rs 800 crore annually and thereby cut down govt’s subsidy outgo.The decision is aimed at bolstering the agricultural sector and…
NEW DELHI: Rice stock with govt is set to touch around 300 lakh tonnes on November 1. This is the highest stock with the Food Corporation of India (FCI) in the last two decades, as per records available on its website.Officials said the huge stock is an issue and liquidating this stockpile is a challenge…
