Union Cabinet approves equity of Rs 10,700 cr as working capital for Food Corporation of India

The government approved an equity infusion of Rs 10,700 crore for FCI in the financial year 2024-25. This will boost the agricultural sector and ensure the welfare of farmers. FCI plays a crucial role in food procurement, stock maintenance, distribution, and national food security. This move will enhance FCI's financial stability and operational capabilities.
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