FCI Seeks World Bank Aid for Food Storage Expansion Amidst Plentiful Production
1 day agoBusiness
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1 SourcesChennai, India
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FCI Seeks World Bank Aid for Food Storage Expansion Amidst Plentiful Production

The Food Corporation of India (FCI) is seeking World Bank aid to expand storage capacity for buffer food stocks, anticipating heavy procurement and imports. The FCI plans to build significant pucca storage by March 1978 and utilize large-scale Cover and Plinth (CAP) storage in drier states. World Bank Adviser Sir John Crawford is expected to visit India for talks, with potential aid contingent on the storage program's impact on food production and public distribution sales.

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