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About
us
Overview
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.
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.
Objective
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
food
grains
throughout
the
country
for
public
distribution
system
Maintaining
satisfactory
level
of
operational
and
buffer
stocks
of
food
grains
to
ensure
National
Food
Security
In
its
50
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
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