It ran a total of 457 food grain rakes carrying 1.23 million tonnes of food grains mainly to various locations in Kerala, Karnataka, Tamil Nadu and West Bengal
The stock burden along with inadequate Budget allocations for the food subsidy and the Centre's zeal to check the fiscal deficit has worsened FCI's financial position
Food ministry holds meeting of all stakeholders to mull options for liquidating food grain stocks which currently at a six-year high of 74 million tonnes, lying with FCI
The market value of this additional harvest is estimated at Rs 2,800 crore