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Drop in wheat output unlikely to affect retail prices as FCI has huge stock

2015-05-16 14:15:27| Agriculture - Topix.net

The government of India, in its third advance estimate has lowered the 2014-15, wheat output to 90.78MT from the February estimate of, 95.76MT. Last year the output was a record 95.85MT.

Tags: stock prices huge retail

 

CBI arrests FCI officials under graft charges

2015-03-17 07:34:55| Agriculture - Topix.net

CBI Tuesday arrested an area manager and an assistant of Food Corporation of India for allegedly demanding a bribe of Rs 50,000 from a farmer for getting rice staked in the depot. CBI spokesperson said here that a case was registered U/s 120-B of IPC and section seven of PC Act, 1988 on a complaint wherein it was alleged that 70 trucks/consignments of rice of the complainant were to be checked and stacked at CWC, FCI Depot, Nabha.

Tags: charges officials arrests graft

 
 

Tampa Yacht FCI 44 Coastal Interceptor

2015-03-13 11:19:00| Naval Technology

The Tampa Yacht FCI 44 coastal interceptor is used by the likes of US Customs and the US Coastguard.

Tags: tampa coastal yacht fci

 

FCI asked to pay Rs eight lakh by railways

2015-02-26 10:22:23| Agriculture - Topix.net

The railway authorities here has directed Food Corporation of India to pay a fine of Rs eight lakh for transporting 110 tonnes of rice more than the quantity for which freight charge had been paid by the FCI. The railway authorities here has directed Food Corporation of India to pay a fine of Rs eight lakh for transporting 110 tonnes of rice more than the quantity for which freight charge had been paid by the FCI.

Tags: pay asked railways fci

 

FCI labour earns up to Rs 4 lakh a month double its MDs pay

2015-01-24 10:36:34| Agriculture - Topix.net

Owing to an incentive system and the widely used proxy labour, lowly workers in the Food Corporation of India are earning a handsome salary of up to Rs 4 lakh a month, more than double the pay its chairman-cum-managing director is getting. Senior BJP leader and Kangra MP Shanta Kumar, also a former Union food and civil supplies minister, who has prepared a report on the restructuring of the FCI, wants that these labourers should be given voluntary retirement.

Tags: month pay double labour

 

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