Food Corporation of India (FCI)

  • Food Corporation of India is a statutory body constituted under the Food Corporations Act, 1964, to implement the food policy of the Government of India.
  • The primary purpose of the Food Corporation of India (FCI) includes the purchase, storage, movement, transport, distribution and sale of food grains and other foodstuffs.

Objectives:

  • To ensure Minimum Support Price to farmers
  • To maintain buffer stocks of food grains and distribution of food grains under National Food Security Act (2013) and other welfare schemes of Govt. of India.
  • To intervene in the market for price stabilization
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