banking service chronicle

banking service chronicle
banking service chronicle

Monday 14 November 2022

general current affairs

 

knowledge questions magazine in english Published this article Besides the quantity purchased exceeds the storing capacity of FCI and leads to excessive damage of procured grains. 3. One tool serving many objectives Using the same instrument to achieve the twin objectives of ensuring remunerative price to farmers and providing the procured food grains to the poor at highly subsidized prices creates conflicts. knowledge quest magazine subscription By implication this entails a huge gap between the purchase price and issue price and consequently a larger subsidy bill. 4. Inefficient Inventory management In the absence of clear targets for the stock level the whole inventory management system of the FCI becomes inefficient and thus costly knowledge quest magazine subscription details.




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