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FCI calls media reports of Rs 1,160 crore rice diversion 'factually incorrect'

  • Posted on July 14, 2026
  • By Business News Today
  • 0 Views
  • 1 min read
In brief

The Food Corporation of India has contested widespread media allegations regarding a substantial rice diversion scheme valued at Rs 1,160 crore. Officials maintain that investigations concern only a limited quantity of rice rather than systemic large-scale diversion. Regulatory authorities identified irregularities independently and initiated corrective measures prior to public disclosure. An FIR has been lodged, and collaborative inspections have established preliminary evidence of misconduct. The government is committed to pursuing legal accountability against implicated parties.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

FCI calls media reports of Rs 1,160 crore rice diversion 'factually incorrect'
FCI calls media reports of Rs 1,160 crore rice diversion 'factually incorrect'

The Food Corporation of India has denied reports of a large-scale rice diversion for ethanol. Investigations are focused on a small quantity of rice, not the entire supply. Government agencies detected irregularities and initiated action before media reports surfaced. An FIR was registered, and a joint inspection confirmed a prima facie link. Appropriate legal action will be taken against those found responsible.
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Business News Today

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