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FCI DUES
Wheat procurement to be delayed by a fortnight due to the unseasonal rainfallProcurement centres have already been opened in Madhya Pradesh and Rajasthan, where arrivals begin early, and will be ready by April 1 in P...28 Mar, 2023, 11.08 AM IST- Millers face supply crunch, FCI extends open saleThe FCI also opened its depots for selling grains to millers though state governments, which has curtailed the week-long e-auction process ...28 Mar, 2020, 09.06 AM IST
- 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.05 Jul, 2019, 08.14 AM IST
- 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...11 Mar, 2018, 12.10 PM IST
- 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...03 May, 2016, 04.28 PM IST
- FCI may sell record 7 million tonnes wheat to bulk buyers in FY16In 2014-15 fiscal, the FCI sold 4.2 million tonnes of wheat as against the target of 10 million tonnes. While in the previous year, it had ...30 Oct, 2015, 03.23 PM IST
- Rs 2.45 crore worth foodgrains damaged till June in 2015-16Foodgrains worth Rs 2.45 crore has been damaged in FCI godowns till June of this fiscal and disciplinary action has been taken against 13 o...31 Jul, 2015, 07.32 PM IST
- Food Corporation of India moots proposal to raise Rs 40,000 cr via bonds from LICThe 10-year bonds will be redeemed at 10% per annum. It will be raised at government security interest rate plus 30-40 basis points, which ...21 Jun, 2015, 01.39 PM IST
- Wheat procurement to fall 10 per cent in March: FCIFrom 18.86% share in 2009-10 wheat procurement season, the FCI's share has come down to 12.61% in 2014-15.26 Mar, 2015, 05.45 AM IST
- Government asks FCI to automate depot operations to check grain loss"We have asked FCI to automate all depot operations to bring down storage losses of foodgrains in 18 months time," a senior Food Ministry o...25 Aug, 2014, 04.47 PM IST
- 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.18 Aug, 2014, 07.11 PM IST
- Rural Development, HRD, External Affair ministries owe FCI Rs 3,443 croreThe amount was due against foodgrains supply by FCI under welfare schemes of these ministries, Food Minister Thomas told Rajya Sabha.27 Aug, 2012, 06.02 PM IST
- Nearly 1 lakh tonne foodgrain lost in FCI godowns: K V Thomas, Food minister'These losses occurred due to "draige of moisture, long storage, rat & bird trouble, multiple handling by labourers and spillage etc.'19 Dec, 2011, 04.23 PM IST
- FCI needs Rs 85,359 cr to pay for foodgrain procurement, duesFood Corporation of India needs Rs 85,359 crore to pay for procurement of foodgrains and clear dues, Rajya Sabha was informed today.29 Aug, 2011, 01.39 PM IST
- Govt gives Rs 24,000 cr to FCI so far in FY12 to clear duesFood Minister informed Parliament that Rs 24,000 crore has been sanctioned to the FCI in 2011-12 to clear dues with state procurement agenc...16 Aug, 2011, 05.08 PM IST
- Food subsidy bill for 2007-08 set to inch upThe RE for 2007-08 on food subsidy would include dues of about Rs 3,000 crore in estimated annual average budgetary provisions to square up...04 Feb, 2008, 03.53 AM IST
- Cash-strapped FCI sells bonds at a lossGovt’s attempts to square up FCI's dues amounting to Rs 17,700 crore for foodgrain bought by other ministries such as rural development, he...17 Nov, 2007, 12.00 AM IST
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