The Union government has given written assurance to create 40 lakh metric tonne (LMT) space by December 2024, while providing movement for 15 LMT by October end in response to the state government’s demand for enough space for delivery of rice during kharif marketing season (KMS) 2024-25. (HT File)
Depending on disposal of cereal stocks and various other costs, the FCI provides finance ministry with its financial requirement every week, based on which funds are released. (Reuters)
