Veep to inaugurate Conference on ‘Co-operative Federalism and Law Reforms' (See 'Corp Brief') A&C - Arbitrator has wide discretion u/s 31(7) of Arbitration Act to award pre-reference, pendente lite, and post-award interest at such rate as it deems reasonable: HC (See 'Legal Desk') Chouhan to launch 'Khet Bachao Abhiyan - Rabi 2026' today (See 'Corp Brief') IBC - Right to withdraw CIRP application u/s 12A is governed by provisions in force on date when complete Form FA is submitted to IRP: NCLT (See 'Legal Desk') CSIR-NIScPR successfully concludes Two-Week Skill Training Programme on Library Automation (See 'Corp Brief') India, Saudi Arabia discuss bilateral Electrical Interconnection Initiative (See 'Corp Brief') DRI seizes 13 kg foreign-origin gold worth around Rs. 19.41 crore (See 'Corp Brief') PMLA - Statutory twin conditions under Section 45 of the Act can override the fundamental constitutional safeguards of personal liberty under Article 21 of the Constitution: SC (See 'Legal Desk') Saturation Campaign of Financial Inclusion to cover 2.7 Lakh Gram Panchayats and ULBs (See 'Corp Brief') DRI seizes 7 kg amphetamine and 3kg cocaine (See 'Corp Brief') IBC - Mere reason that some facts may have already been into existence but continue to exist would not mean that the application u/s 9 becomes retrospective: HC (See 'Legal Desk') Uttarakhand becomes first State to export Trout to Nepal (See 'Corp Brief') BIS organises Interactive Sessions to promote AYUSH with Quality Standards (See 'Corp Brief') PMLA - In absence of money trail connecting attached properties with proceeds of crime, subject properties cannot be attached merely as properties of equivalent value: Tribunal (See 'Legal Desk') Clarification on Legislative Developments concerning Govt's stake in IDBI (See 'Corp Brief') SEBI - The fact that criminal proceedings were subsequently initiated against appellants does not confer sanction under Section 15T of the SEBI Act to reopen a penalty order which attained finality: SAT (See 'Legal Desk') Efforts underway to develop one lakh young leaders: Mandaviya (See 'Corp Brief') IITM hosts consultation on Climate Science into Services for India Forum (See 'Corp Brief') IPR - Continued use of mark after express acknowledgment of proprietor's rights and undertaking to cease such use is strong indicator of dishonest intention and constitutes infringement: HC (See 'Legal Desk') IBC - Successful Resolution Applicant is entitled to pursue dues of Corporate Debtor against its debtors in arbitration even after conclusion of CIRP: SC (See 'Legal Desk') IBC - Express forfeiture clause in e-auction notice binds bidder despite absence of express forfeiture stipulation in Schedule I of Liquidation Process Regulations, 2016: SC (See 'Legal Desk') An unsuccessful 'success fee' litigation (See CORP EINSICHT)

Print

DFPD and FCI sign MoU for to Strengthen Efficiency in Foodgrain Management

Published: Sep 09, 2026

By TIOLCorplaws News Service

NEW DELHI, SEP 09, 2026: THE Department of Food & Public Distribution (DFPD) and the Food Corporation of India (FCI) signed a Memorandum of Understanding (MoU) for the Financial Year 2026-27 in New Delhi. The MoU establishes a comprehensive performance framework for FCI, with defined targets aimed at improving operational efficiency, strengthening accountability and accelerating modernisation in foodgrain management.

The MoU focuses on key areas including reduction of storage losses, optimal utilisation of storage capacity, improvement in logistics and supply chain management, and strengthening of quality control mechanisms. It also places emphasis on greater digitisation of business processes and adoption of modern Information Technology solutions to enhance efficiency, transparency and monitoring of FCI's operations.

As part of the modernisation agenda, the MoU provides for capacity building and skill development initiatives for FCI employees, enabling the organisation to effectively adopt emerging technologies and contemporary systems of foodgrain management.

Established in 1965 under the Food Corporations Act, 1964, FCI plays a pivotal role in maintaining the country's food security by undertaking procurement, storage, movement and distribution of foodgrains on behalf of the Government of India. Given the scale of public resources involved in its operations, efficient utilisation of food subsidy and continuous improvement in operational processes remain key priorities.

The MoU introduces a measurable and outcome-oriented approach to FCI's functioning by linking its performance with clearly defined annual parameters. The framework is intended to promote greater efficiency in the utilisation of resources, strengthen transparency in operations and encourage adoption of technology-driven solutions across the organisation.

A proportion of the MoU targets has been linked to the performance of FCI's depots through the Depot Darpan Portal, a web-based platform for assessing depot infrastructure and operational efficiency. Outcome- and target-based benchmarks have been incorporated to strengthen physical infrastructure, improve operational performance and promote continuous improvement across FCI depots.

The signing of the MoU reflects the Government's continued commitment towards modernising the foodgrain management system and enhancing the efficiency and resilience of the country's food security architecture. Through this performance-based framework, DFPD and FCI reaffirm their commitment to ensuring that food subsidy resources are utilised in a cost-effective and transparent manner while delivering greater value to the nation.

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
TKF
TIOLawards
A TIOL Website. Copyright © 2025 TIOLcorplaws.com All rights reserved.