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LATEST NEWS UPDATES | Food Corporation to implement major recommendations of high-level panel -Madhvi Sally

Food Corporation to implement major recommendations of high-level panel -Madhvi Sally

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published Published on Feb 7, 2015   modified Modified on Feb 7, 2015
-The Economic Times

NEW DELHI: In a major boost to reforms in food procurement and distribution, the Food Corporation of India (FCI) has assured the government it will be able to implement major recommendations of the high-level panel that has recommended a complete revamp of the body that plays a key role in the country's food security.

The panel has made path-breaking recommendations such as direct cash transfer for fertilizers and grains that will help eliminate huge leakage of subsidy and allow market forces to operate. It also wants FCI to withdraw from major north Indian states and focus on eastern and northeastern states, boost operational efficiency and stop open-air storage of grains.

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The Economic Times, 6 February, 2015, http://economictimes.indiatimes.com/news/economy/policy/food-corporation-to-implement-major-recommendations-of-high-level-panel/articleshow/46139371.cms


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