Tag: Carrying Costs
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India: FCI offloads over 4 mnt of surplus rice to improve stock management
Govt prioritises efficient utilisation of excess foodgrain reserves Improved inventory management aims to reduce govt carrying costs India’s Food Corporation of India (FCI) has offloaded around 44 lakh metric tonnes (4.4 million tonnes) of surplus rice as part of the government’s efforts to reduce excess foodgrain stocks and improve inventory management. The initiative follows the…