Government increase authorised capital of FCI to Rs 10,000 crore
Cabinet Committee approved to increase the authorized capital of Food Corporation of India (FCI) to Rs.10,000 crore from Rs.3,500 crore. With the increase of authorized capital, additional equity capital can be infused in FCI through union budget, to fund the food grains stock, perpetually held by FCI. This will reduce the borrowings of FCI, save […]
Government increase authorised capital of FCI to Rs 10,000 crore Read More »