The Government of India (GoI) has announced an increase in the authorized capital of the Food Corporation of India (FCI) from Rs10,000 Crore to Rs21,000 Crore.

National

The Government of India (GoI) has announced an increase in the authorized capital of the Food Corporation of India (FCI) from Rs10,000 Crore to Rs21,000 Crore. This strategic move shows the government's steadfast commitment to supporting farmers and fortifying India's agrarian economy. The increase in authorized capital is a significant step towards enhancing the operational capabilities of FCI in fulfilling its mandate effectively. GoI provides equity to FCI for working capital requirement and for creation of capital assets. These initiatives of integrated IT solutions serving as the core operational software for FCI, shall provide a single source of information and streamline functions with a common digital backbone.


      The Government of India, recognizing the critical role of FCI in maintaining food security, periodically specifies the strategic level of food grain stocks to be maintained by FCI and designated central pool (DCP) states.

     

     

 

     


Food Corporation Of India (FCI)

Established- 1965
HQ- New Delhi
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