updated current affairs

 

csr gktoday Published this article The economic costs of FCI for acquiring storing and distributing food grains is about 40 per cent more than the procurement price. b. Higher storage costs and losses due to inadequate capacity FCIs average annual rate of increase in storage capacity has been a meager 4.5 percent while the growth rate of rice and wheat stocks in the central pool has been more than 18 per cent.csr gktoday magazine subscription  Data for the year 201112 show that FCIs storage and transit losses have increased by close to 147 per cent in nominal terms between 20062007 and 20112012 much of which is accounted for by a 164% increase in storage costs in the period best current affairs magazines.