Economy
CBI Books Eight in ₹28.87 Crore Subsidised Rice Diversion Scam
India Today1h
THE BRIEF
1
The CBI registered an FIR against eight individuals, including FCI and NERAMAC officials, for allegedly diverting 50,645 metric tonnes of subsidised rice meant for vulnerable groups.
2
The agency estimates a loss of ₹28.87 crore, alleging that officials bypassed e-auction policies to release grain at a concessional rate of ₹23,200 per MT instead of the market reserve price.
3
The investigation focuses on the period between April 13 and May 15, 2026, where private entities allegedly sold the diverted rice to traders for profit instead of distributing it to daily wage earners.