FCI and Department of Food Sign MoU to Boost Food Grain Procurement

The Department of Food and Public Distribution, along with the Food Corporation of India (FCI), has signed a Memorandum of Understanding for FY 2024-25. The MoU aims to enhance the effectiveness and accountability of food grain procurement and distribution, with specific performance benchmarks for FCI depots outlined.

The Department of Food and Public Distribution and the Food Corporation of India (FCI) have formalized an agreement aimed at improving food grain procurement and distribution processes for the fiscal year 2024-25.

The agreement, outlined in a Memorandum of Understanding (MoU) signed on Friday, introduces specific performance benchmarks and accountability measures to optimize the use of public funds in managing food security operations. Key aspects include efficiency parameters for FCI depots such as capacity utilization, operational losses, security measures, and the modernization and automation of processes.

An official statement emphasized that the MoU signifies the Centre Government's commitment to refining the Public Distribution System (PDS) and ensuring efficient management of food subsidy funds through enhanced FCI depot performance.

(With inputs from agencies.)