Claim: Modi government has awarded Adani the contract to store food grains for 30 years by leaving out the FCI.
Fact-check: FCI has been storing food grains in private warehouses for many years - FACTLY
Verdict: a resolution was made to involve private parties in investment, construction, and operation of godowns and silos in national policy on handling, storage and transportation of food grains-2000. accordingly, fci has invited global tenders as the central government wouldn't invite tenders directly in this regard in 2003 and subsequently, the adani group was awarded a contract to build storage facilities back in 2005. in line with the 2000 policy, fci has introduced private entrepreneurs guarantee  scheme in 2008 which facilitates private participation in building and operation of food grain storage facilities. since then many private companies alongside with adani group have been awarded contracts to construct and operate godowns and silos. hence the claim made in the post is misleading.
Organisation: FACTLY
Author: Chaitanya
Date published: 2021-01-08T12:42:29