A structural problem? FCI corruption case offers food for thought

Evidence of corruption unearthed at the government's key foodgrain procurement agency raises questions about whether the problem is systemic or a failure of governance

Sanjeeb Mukherjee
Last Updated at January 27, 2023 23:34 IST

A few weeks ago, the Central Bureau of Investigation (CBI) in a massive crackdown on the Food Corporation of India (FCI) conducted searches at around 99 locations across the country and recovered cash amounting to Rs 1.03 crore and fixed deposit receipts of around Rs 3 crore along with property documents in an operation called “Kanak”.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

MONTHLY

₹ 249

Select

ANNUAL

₹ 1799

Select

Best Offer

SMART ANNUAL

₹ 1499

₹ 1799

Opt for auto renewal and save Rs 300

Select

What you get on Business Standard Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
Pick your 5 favourite companies, get a daily email with all news updates on them.
26 years of website archives.
Preferential invites to Business Standard events.