FCI calls media reports of Rs 1,160 crore rice diversion 'factually incorrect'
- Posted on July 14, 2026
- By Business News Today
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- 1 min read
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.
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