What is role of food corporation of India?

Answer 1

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

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

Answer 2

The Food Corporation of India was established by the Indian government in 1964 and completed the set-up of its first office in 1965. It has 5 zonal offices as well as 24 regional office locations.

Answer 3

all presidents of India

all prime minsters of India

Answer 4

The main aim of FCI in INdia is to save Indian foodgrains and to sell them according to goverment rates.