India

Centre Enhances Accountability In Food Grain Procurement And Distribution

On Friday, the Department of Food and Public Distribution (DFPD) signed a Memorandum of Understanding (MoU) with the Food Corporation of India (FCI) to improve the efficiency and accountability of food grain procurement and distribution. This step demonstrates the government’s commitment to refining the public distribution system (PDS) and managing food subsidy funds more effectively.

The MoU includes specific performance benchmarks for FCI operations and its depots. These benchmarks focus on optimizing the use of public funds and enhancing the overall performance of food security operations. Key performance parameters for FCI depots include capacity utilization, operational losses, security measures, and modernization and automation of processes.

Also Read: Supreme Court Grants Bail To CM Kejriwal; Restricts Public Comments

The Ministry of Consumer Affairs, Food and Public Distribution emphasized the need for evaluating public expenditure for cost-effectiveness and value for money. This involves benchmarking performance on critical operational parameters and ensuring institutional accountability.

In addition, the food processing sector has grown significantly, contributing more to the country’s economy. The share of processed food exports in agri-food exports increased to 23.4% in 2023-24, up from 13.7% in 2014-15.

The Ministry of Food Processing Industries (MoFPI) has approved several projects, including 41 Mega Food Parks, 399 Cold Chain projects, 76 Agro-processing Clusters, and 588 Food Processing Units under the PMKSY scheme as of June 30 this year. Over the past eight years, the food processing sector has grown at an average annual growth rate (AAGR) of about 5.35%.

Shibra Arshad

Recent Posts

EU, India Push To Conclude Free Trade Agreement By 2025

There is 'strong political commitment' from both sides to conclude the revamped India-EU Free Trade…

8 mins ago

India’s Exports Bounce Back Strongly After Sharp October Fall

India’s exports rebounded sharply in November, offsetting October’s steep decline, as Piyush Goyal highlighted strong…

19 mins ago

Apple’s Expanding Supplier Base Challenges Rahul Gandhi’s China-Centric Critique

Apple’s India operations have entered a new phase, with more than 40 suppliers manufacturing components…

29 mins ago

PM Modi & President Putin Share A Bond Spanning Nearly 25 Years

Prime Minister Narendra Modi and Russian President Vladimir Putin share a long-standing relationship of nearly…

39 mins ago

India’s Active Mobile Subscriber Base Sees Strongest Growth In Five Months

India’s active mobile subscriber base grew significantly in October 2025, adding 5.7 million users -…

49 mins ago

PLI Scheme Creates 43,000 Jobs As India Expands Solar Manufacturing Capacity

India’s PLI scheme for high-efficiency solar PV modules has created around 43,000 jobs, including over…

58 mins ago