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FCI CAPITAL
Union Cabinet approves equity of Rs 10,700 cr as working capital for Food Corporation of IndiaThe government approved an equity infusion of Rs 10,700 crore for FCI in the financial year 2024-25. This will boost the agricultural secto...- Government hikes authorised capital of FCI to Rs 21,000 croreThe FCI, the centre’s main grain-handling agency, which utilises the food subsidy to provide grains to 800 million people, incurs most of i...
- FCI: No outstanding short-term loans"Floating of STL Tender on a regular basis in no manner means that the FCI is going to borrow STL of ₹50,000 crore. Rather, it is a standin...
- FCI to borrow Rs 50,000 cr to meet short-term fund needsThe Food Corporation of India (FCI) is set to borrow Rs 50,000 crore to meet its short-term fund requirements. The government-owned corpora...
- Additional Rs 1.45 lakh-cr budget for FCI is indicative estimate; food subsidy 'adequate' for procurement: GovtAn extra-budgetary provision of Rs 1.45 lakh crore made to state-run FCI in the Budget for 2023-24 fiscal is an "indicative outlay" of shor...
- FCI draws large banks to raise Rs 8,000 cr via bondsFCI has been raising funds through bonds to purchase wheat and rice from farmers at minimum support price (MSP).
- Government hikes authorised capital of FCI to Rs 10,000 crThe government has raised the authorised capital of Food Corporation of India (FCI), the nodal agency for procurement and distribution of f...
- Govt’s off-balance sheet expenditure estimated at Rs 1.5 lakh crThe government has an important role to play in the business model of FCI.
- Government likely to infuse Rs 6,500 crore equity in Food Corporation of IndiaThe infusion of capital will be in the form of equity and would not be divided in shares as FCI is established under a special Act of Parli...
- Govt to infuse Rs 5000 crore in Food Corporation of India in next 2 yrs: PanelThe nodal agency for procurement and distribution of foodgrains would raise Rs 32,000 crore through government-guaranteed bonds, informed t...
- Budget proposes restructuring of Food Corporation of India capitalFCI is the government's nodal agency for procurement and distribution of foodgrains. The move will help FCI to improve its liquidity situat...
- Government owes Rs 61,000-cr food subsidy to FCI by FY16-endThe Minister informed that the FCI raised Rs 35,150 crore as STL in the year 2013-14, Rs 59,415 crore in 2014-15 and further Rs 70,820 cror...
- FCI raises Rs 30,000 crore as short-term loan for capital needsMaximum amount of Rs 10,000 crore has been raised from PNB, followed by Rs 7,000 crore from SBI and remaining from others including public ...
- Cash-starved Food Corporation of India asks government to clear Rs 50,000 crore duesThe FCI's subsidy has risen sharply due to increase in the MSP for wheat and rice and high procurement, storage and distribution costs.
- Government approves FCI plan to raise Rs 8,000 crore via long-term bondsFCI is facing problems in running operations in view of non-payment of food subsidy worth Rs 40,000 crore from the government.
- FCI seeks govt nod to raise Rs 8,000 crore through bondsFaced with liquidity crunch, the Food Corporation of India has sought government's approval to raise up to Rs 8,000 crore through long-term...
- FCI plans to raise Rs 8,000 cr via bonds issue in FY'14Food Corporation of India is planning to raise Rs 8,000 crore through issue of bonds in the current fiscal to improve its working capital.
- Food Corporation of India raises Rs 5000 crore through bond issue to improve cash flowFood Corporation of India (FCI) today said it has raised Rs 5000 crore through issue of bonds, which was over subscribed by 1.77 times, to ...
- Govt approves Rs 5,000 cr working capital loan for FCIFCI, the nodal agency for procurement and distribution of foodgrains, will repay the loan in the next fiscal, it said.
- FCI mops up Rs 1,250 cr through bond saleThe Food Corporation of India (FCI) has mopped up Rs 1,250 crore through the sale of dated government bonds to eligible funds.
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