FOOD CORPORATION OF INDIA FCI

The Food Corporation of India was set up in 1965 under the Food Corporation’s Act of 1964. Its primary duty to undertake purchase, store, move/transport, distribute and sell food grains and other foodstuffs.

Objectives of FCI

To provide remunerative prices to farmers.

To help in transforming the crisis management-oriented food security into a stable security system to ensure availability, accessibility and affordability of food grains to all people at all times so that no one, nowhere and at no time should go hungry.

Ensuring food security of the nation by maintaining satisfactory level of operational buffer stocks of food grains.

Distribution of food grains throughout the country for Public Distribution System.

Effective Price Support Operations for safeguarding the interest of farmers.