FCI Current Affairs - 2019

Category Wise PDF Compilations available at This Link

Centre increases Wheat Import Duty by 40%

With wheat production at record high, government has raised import duty on wheat from existing 30% to 40% to support local farmers interest. The higher duty will help offtake of domestically produced grain by discouraging milers to import wheat but to buy local produce and help protect farm prices. The oversupply in domestic market due Read More…

Month:  Categories: Business, Economy & Banking

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Cabinet approves the exclusion of States from National Small Savings Fund

The Union Cabinet has excluded States and Union Territories except Arunachal Pradesh, Kerala, Delhi (UT) and Madhya Pradesh from National Small Savings Fund (NSSF) investments with effect from 1 April 2016 The cabinet meeting chaired by Prime Minister Narendra Modi also approved one-time loan of Rs. 45000 crore from NSSF to Food Corporation of India Read More…

Month:  Categories: Governance & Politics

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Union Government launches FCI’s Depot Online System

Union Government has launched Depot Online System of state run Food Corporation of India (FCI) to bring transparency and minimise storage losses of foodgrains. It was launched by Union Food and public Distribution Minister Ram Vilas Paswan in New Delhi as part of Digital India initiative of Union Government. Key facts Depot Online System will Read More…

Month:  Categories: Science & Technology

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CCEA approves measures to increase Pulses’ production

The Cabinet Committee on Economic Affairs (CCEA) has approved creation of buffer stock of pulses to deal with wide fluctuation in prices of pulses and check food inflation. The buffer stock will be created by the procurement and would be valid for fiscal year 2015-16. As per decision The buffer stock will consist about 50000 Read More…

Month:  Categories: Governance & Politics

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