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Food Corporation of India

Pulse procurement by agencies gets farmers better price

Direct procurement of pulses by Government agencies at minimum support price (MSP) has helped farmers get 'better price' for their crop, an official announcement said here on Tuesday. An inter-ministerial meeting here, presided over by Union Food Secretary, Hem Pande,...

Food Ministry favours slashing import duty on wheat

The Union Food Ministry has strongly favoured the slashing of duty on wheat imports to at least 15 per cent from the existing 25 per cent in order to boost domestic availability of the food grain. "This move to bring...

Food Corporation of India to raise Rs 20,000 crore short-term loan

State-run Food Corp. of India (FCI) has invited bids from scheduled banks for raising short-term loan of Rs 20,000 crore to meet the cost of procurement. The FCI is raising the loan because its subsidy arrears have touched Rs 58,650 crore...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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