Media Monitor
Agriculture Industry
Government of India Bolsters Agricultural Sector with Increase in Authorized Capital of Food Corporation of India from Rs 10,000 Crore to Rs 21,000 Croreedit
In a landmark decision aimed at bolstering the agricultural sector and ensuring the welfare of farmers nationwide, the Government of India (GoI) has announced an increase in the authorized capital of the Food Corporation of India (FCI) from Rs 10,000 Crore to Rs 21,000 Crore. This strategic move shows the government’s steadfast commitment to supporting farmers and fortifying India’s agrarian economy.