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House panel criticises govt for missing FCI godown construction target

Business Standard LogoBusiness Standard5h ago

House panel criticises govt for missing FCI godown construction target - Business Standard

Quick Summary:

In the sixth report on demand for grants for 2024-25 placed in Parliament, the Standing Committee on Consumer Affairs, Food and Public Distribution said that against the target of godown construction with 50,100-tonne capacity in 2023-24, the Food Corporation of India (FCI) could achieve only 1,760-tonne capacity, utilising Rs 52.75 crore.

A Parliamentary panel on Monday pulled up the government for not meeting the godown construction target in the last four years till September 2024 and asked the nodal ministry to constitute a high-level committee to expedite the progress in northeast and hilly states.

For 2024-25, the target was to construct 58,540-tonne capacity, "but the achievement till September 30 has been nil", the report said.


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Category: BusinessFinance

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Article Type: News Report

Published On: 2024-12-16 @ 16:30:05 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 500 words

Reading Time: 3 minutes read

Sentences: 14 lines

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Copyright Owner: © Business Standard

News ID: 24430668

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