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SUPPLY CHAIN OF FOOD CORPORATION OF INDIA - Coggle Diagram

SUPPLY CHAIN OF FOOD CORPORATION OF INDIA
POLITICAL
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agreement with states before every procurement season regarding costing norms and basic rules for procurement
egotiable warehouse receipt system (NWRs) should be taken up on priority and scaled up quickly. Under this system, farmers can deposit their produce to the registered warehouses
GoI needs to revisit its MSP policy. Currently, MSPs are announced for 23 commodities, but effectively price support operates primarily in wheat and rice and that too in selected states. This creates highly skewed incentive structures in favour of wheat and rice.
ECONOMICAL
Mounting food subsidy arrears — payable to the Food Corporation of India (FCI) due to ‘under-provisioning’ of food subsidy expenses
continuous drawing of loans from the NSSF to bridge the gap in budgetary allocation towards food subsidy
expenditure towards food subsidy has been on the rise due to annual rise in minimum support price (MSP) for paddy and wheat
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TECHNOLOGICAL
Integrated Information System for Foodgrains Management (IISFM) which is deployed in all depots and gives stock position and receipt and issue of foodgrains from all depots on a daily basis.
automation and integration of finance, treasury, inventory, purchase and pay-roll functions.
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link the Aadhar number of the farmers with the land records data and also add the bank account numbers and mobile numbers of farmers then we could possibly assess the actual likely arrival of foodgrains at mandis in advance
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ENVIRONMENTAL
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Contamination to water bodies may result due to spilling
of construction materials, oil, grease, fuel and paint
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