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FCI explores off-budget financing
Financial Express Kochi
|December 17, 2025
₹25,000-CR BONDS LIKELY
AFTER A FOUR-YEAR gap, the Food Corporation of India (FCI) is exploring the option of raising about ₹25,000 crore through off-budget resources to bridge a widening gap between budgeted allocations and its sharply higher projected food subsidy expenditure in FY26.
The proposed fundraise, through government-guaranteed bonds, reflects mounting pressure on FCI's finances as subsidy costs overshoot initial estimates.
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