ABOUT FOOD CORPORATION OF INDIA

The Food Corporation of India was setup under the Food Corporations Act 1964, in order to fulfill following objectives of the Food policy :

·         Effective price support operations for safeguarding the interests of the farmers.

·         Distribution of food grains throughout the country for Public Distribution System; and

·         Maintaining satisfactory level of operational and buffer stocks of food grains to ensure National Food Security.

Since its inception in 1965, having handled various situations of plenty and scarcity, FCI has successfully met the challenge of managing the complex task of providing food security for the nation. A strong food security system which has helped to sustain the high growth rate and maintain regular supply of wheat and rice right through the year. The efficiency with which FCI tackled one of the worst droughts of the century not only cemented its role as the premier organization in charge of food security in India, but also brought it accolades from international organizations.

Today it can take credit for having contributed a great deal in transforming India from a chronically food deficit country to one that is self-sufficient.

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