ABOUT

The Food Corporation of India was setup under the Food Corporation 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 foodgrains throughout the country for public distribution system.
• Maintaining satisfactory level of operational and buffer stocks of foodgrains to ensure National Food Security
  In its 45 years of service to the nation, FCI has played a significant role in India's success in transforming the crisis management oriented food security into a stable security system. FCI's Objectives are:
• To provide farmers remunerative prices.
• To make food grains available at reasonable prices, particularly to vulnerable section of the society
• To maintain buffer stocks as measure of Food Security
• To intervene in market for price stabilization Since its inception, FCI has played a significant role in India's success in transforming the crisis management oriented food security into a stable security system.

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