07/11/2024
The Cabinet Committee on Economic Affairs, led by Prime Minister Narendra Modi, has taken a decisive step to reinforce India's agricultural sector by approving a substantial Rs 10,700 crore equity infusion into the Food Corporation of India (FCI). This initiative, aimed at converting ways and means advances into equity for the fiscal year 2024-25, is a strategic move to support the welfare of farmers and enhance food security nationwide. The FCI, a cornerstone of India's food procurement and di...