Tag: Food Corporation of India

News: The Union Cabinet has approved to increase the authorised capital of the Food Corporation of India (FCI) to ₹10,000 crore from the current ₹3,500 crore. The operations of FCI require maintaining perpetual stock of food grains which needs to be funded by Govt. of India through equity or long term loan. Facts: About Food… Continue reading Cabinet approves increase in Food Corporation of India authorised capital