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Food Corporation's authorized capital to be hiked
Thursday, 13 March 2008, 00:00 Hrs
New Delhi: The cabinet Thursday gave its go-ahead for raising the authorized capital of the state-owned food grain procurement agency, Food Corporation of India (FCI), from 
25 billion to 35 billion.
The enhancement of the authorised capital will help the ministry of consumer affairs to release funds allocated by
the Planning Commission under the Plan scheme for construction of storage go-downs in the Northeast, Jammu and Kashmir, Himachal Pradesh and other newly emerging procuring states and integrated information system on food grain management, Principal Information Officer Deepak Sandhu told reporters.
Source: IANS
25 billion to 35 billion.The enhancement of the authorised capital will help the ministry of consumer affairs to release funds allocated by
Source: IANS
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