About FCI

• The Food Corporation of India was setup under the Food Corporation’s 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 and 
  • Maintaining satisfactory level of operational and buffer stocks of foodgrains to ensure national food security. 
• 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. 
• FCI’s foremost priority is to ensure food security for the nation by effectively managing the procurement, storage, and distribution of essential commodities, thereby providing a reliable and sufficient food supply to meet the needs of the population.
• The Food Corporation of India (FCI) is a Statutory Corporation under the Department of Food and Public Distribution, Ministry of Consumer Affairs, Food and Public Distribution. 
• It was established in 1965 under the Food Corporation’s Act 1964 to fulfil the objectives of effective price support operations, distribution of food grains throughout the country for public distribution system and maintaining satisfactory level of operational/buffer stocks of food grains.