✧ ͥ ⷨಜೇನು❤️
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1 days ago
The Food Corporation of India (FCI) has awarded contracts worth approximately ₹16,500 crore for modernizing grain storage silos to Adani Agri Logistics and Leap India. Of the 134 silo contracts in the 'Hub and Spoke' project, 110 were secured by these two firms. Critics allege that the removal of anti-monopoly clauses in 2022 by NITI Aayog and the Department of Economic Affairs paved the way for this dominance. As a result, 46.5 lakh metric tonnes out of a total 60 lakh metric tonnes of storage capacity are now controlled by these two entities, raising concerns about market concentration. https://www.ntnews.com/national/adani-group-dominates-fci-silo-contracts-worth-%E2%82%B916500-crore-2406413 #creator program