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Fci

FCI sold rice to ethanol plants below acquisition cost, Rajya Sabha told

As per a parliamentary reply to MP Ashok Singh, the Food Corporation of India sold rice at a 40% discount to ethanol distilleries.

Published 5 days ago

Govt body rejects ‘ ₹1,160 crore rice diversion for ethanol’ in MP claim

The FCI rejected reports claiming that 5 lakh tonnes of rice worth <span class='webrupee'>₹</span>1,160 crore were illegally diverted in MP.

Updated 20 days ago

Centre tweaks FCI funding, helping it to go debt free

Depending on disposal of cereal stocks and various other costs, the FCI provides finance ministry with its financial requirement every week, based on which funds are released. (Reuters)

Updated 755 days ago

Record rice stocks may prompt higher public distribution

The government is required to have 13.5 million tonnes of rice as buffer stock beginning July 1 (Bloomberg)

Updated 797 days ago

Ludhiana: 3 FCI officials among 4 in CBI net on graft charges

The Central Bureau of Investigation (CBI) has apprehended four persons, manager (quality) and two technical assistants of the FCI, Mullanpur Dhaka, Ludhiana, and a private person in a <span class='webrupee'>₹</span>50,000 bribery case. (REUTERS File/ Representational image)

Updated 802 days ago

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