It’s good chance to get Government job in Food Corporation of India. Here is hole information about recruitment of Food Corporation of India.
Food Corporation of India was setup on 14th January 1965 under Food Corporation Act 1964 with authorized capital of almost $600 million to implement the national policy for price support operations, procurement, storage, preservation, inter-state movement and distribution operations.
It operates through 5 zonal offices and 26 regional offices. Each year, the Food Corporation purchases roughly 15-20 per cent of India’s wheat output and 12-15 per cent of its rice output. The losses suffered by FCI are reimbursed by the Union government, to avoid capital erosion, and thus declared as a subsidy in the annual budget. In 2007 such food subsidies were met by government bonds worth almost $8 billion.
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