The government of India established the FCI under the Food Corporation Act 1984 to achieve the following objectives.
- To offer a minimum price for food grains items produced by farmers,
- Equal distribution of wheat, rice, and other food grains across all states of the country
- To maintain enough food stock required for National Food Security
Now can imagine the importance of FCI for the Nation.
To complete the above tasks, the organization needs a young, talented, and energetic workforce at the lower management level.
In this post, we are going to check the FCI Manager salary, pay scale, allowances, HRA, facility, and other benefits available to these executives.
Let’s check the organization profile.
FCI Company Profile
| Headquarter | New Delhi |
| Parent Ministry | Ministry of Consumer Affairs, Food, and Public Distribution |
| Chairman & Managing Director | Shri D.V. Prasad, IAS |
| Classification | Schedule – A |
| No. of Employees (as on 31.03.2017) | 23,221 |
| Total Revenue (2017-18) | Rs 1,48,503 Crore |
| Total Revenue (2016-17) | Rs 1,36,267 Crore |
Work Profile and Post Details
The recently advertised post of Manager in Food Corporation of India is among Executive cadre. These are also known as lower-level management post.
They will be responsible for the work scheduling of jobs among subordinates, report submissions, and work execution on the field. The Job profile may depend on the posting department.
The regional and head office executives need to work office job only. The key post details are shown here in the table.
| Post Name | Manager |
|---|---|
| Post Type | Officer/ Executive |
| Work Profile | Administrative |
| Work Type | Depot Duty/ Office Work |
| Promotions | Fast |
| Salary | Better |
| Job Security | Good |
FCI Manager Salary after 7th CPC
Food Corporation of India a central public sector enterprise, so the 7th pay commission report is not applicable for the employees working here.
FCI is a PSU under the direct control of the Department of Food and Public Distribution. It follows the DPE guidelines for the pay revision.
Recently, it had implemented the 3rd PRC recommendation for the executives.
The FCI Manager gets an appointment in the pay scale of 40,000-1,40,000/- in E1 grade.
The entry basic pay for the newly recruited Manager post will be Rs 40,000/-.
They also receive the DA, HRA, Cafeteria Allowances according to the 3rd PRC report. The detailed salary structure for the post is shown here in the table.
| Component of Pay | Monthly Amount |
|---|---|
| Pay Scale | 40,000 – 1,40,000 |
| Entry Basic Pay | 40,000/- |
| Dearness Allowances (As of September 2019) | 4,960/- |
| Cafeteria Allowances | 12,800/- |
| House Rent Allowances | 3,200 Or 6,400 Or 9,600/- |
| Total Salary Per Month | Rs. 60,960 – 67,360/- |
Based on the above table, I can say that the Food Corporation of India Manager will get Rs 60,960 – 67,360/- per month as a salary after a regular appointment in the post.
Apart from the above, these newly recruited officers will get the following facility from the PSU.
Leased Rent Accommodation
You might have heard about this facility in SBI PO Salary structure. SBI provides compensation among all Indian companies for rented premises.
If a newly recruited Manager takes the rented accommodation in the posting city. He/she will claim for the reimbursement for the same.
The ceiling for the Leased Rent Accommodation for the post as per the following table.
| City Type | Maximum Limit |
|---|---|
| X | Rs. 28,800/- |
| Y | Rs. 21,600/- |
| Z | Rs. 14,400/- |
FCI Pay Scales and Promotions
The advertised post is the lowest managerial position in the Food Corporation of India. The grade-wise post hierarchy and pay scales are presented here in the following table.
| Post Name | Grade | Pay Scale |
|---|---|---|
| Manager | E-1 | 40,000 – 140,000 |
| Assistant General Manager | E-2 | 50,000 – 160,000 |
| Deputy General Manager | E-3 | 60,000 – 180,000 |
| General Manager | E-5 | 80,000 – 220,000 |
| Chief General Manager | E-7 | 100,000 – 260,000 |
| Executive Director | E-8 | 120,000 – 280,000 |
Facilities
- Leave Encashment
- Leave Travelling Concession
- Loan Facility for Car/Scooter/Computer
- Indoor Medical Treatment Facility for self and dependents
- Outdoor Medical Facility for self and family members as per rules
- Reimbursement of Newspaper bills
- Gratuity
- Post Retirement Medical facility
- Provident Fund