Question

The Union Cabinet approved an equity infusion of

Q: Answer-The Union Cabinet approved an equity infusion of ₹10,700 crore into the Food Corporation of India (F...

The 10,700 crore equity infusion will provide FCI with working capital, strengthening its role in supporting the agricultural sector and improving farmers welfare by enhancing FCIs capacity to meet the needs of Indias agrarian economy.

₹10,700 crore into the Food Corporation of India (FCI). What is the main purpose of this funding?

A To initiate new research in agriculture

B To increase food imports

C To serve as working capital for FCI and support farmers' welfare

D To fund agricultural machinery purchases

E To privatize agricultural sectors

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