What do you mean by Food Corporation of India?
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.
What is FCI write down its importance?
Food Corporation of India ( FCI ) helps the farmers by buying their food grains and other kinds of foods by minimum purchasing price. FCI operates in 5 zones throughout India which are North zone, East zone, West zone, South zone and North East zone.
How many food corporations are there in India?
Food Corporation of India
| Type | Statutory Body |
|---|---|
| Number of locations | 5 (Zonal Offices) |
| Area served | Throughout India |
| Key people | Atish Chandra, IAS (Chairman & Managing Director) |
| Products | Food Grains |
What is the role of FCI in green revolution?
Minimum support price (MSP) for the crops were announced at the beginning of the season and the state procured the harvested grains through the Food Corporation of India (FCI). The FCI had built huge storage godowns and built buffer stocks of food grain during the harvest season to be distributed all through the year.
Why was the Food Corporation of India established by the Government of India?
In 1965, under the Food Corporation Act, 1964, the Food Corporation of India (FCI) was set up in the Department, as the country was facing major shortage of food grains, especially wheat.
What are the functions of Food Corporation India of 1965?
Enacted by Parliament under the Food Corporations Act on 10 December 1964 and set up on 14 January 1965, the primary purpose of Food Corporation of India (FCI) included the purchase, storage, movement transport, distribution and sale of food grains and other foodstuff.
Who runs the Food Corporation of India?
1. Sh. Sanjiv Kumar, Chairman & MD, FCI, New Delhi.
When was Food Corporation of India established?
January 14, 1965Food Corporation of India / Founded
What is the objective of food management in India?
The objectives of the FCI are: To provide farmers with remunerative prices. To make food grains available at reasonable prices, particularly to the vulnerable section of the society. To maintain buffer stocks as a measure of Food Security.
What is the role of FCI in Green Revolution?
How does the Food Corporation of India operate?
It operates through five Zonal offices and 26 Regional offices. Each year, the Food Corporation of India purchases roughly 15 to 20 percent of India’s wheat output and 12 to 15 percent of its rice output. The purchases are made from the farmers at the rates declared by the Government of India. This rate is called MSP ( Minimum Support Price ).
What are the functions of the Food Security Council of India?
The “Ensuring food security of the Nation” can be five-furcated and then the functions will be— Procurement – FCI procures mainly Paddy and Wheat from farmers at MSP (Minimum support price) as decided per year by the GOI.
How many zonal offices are there in Food Corporation of India?
It operates through five Zonal offices and 26 Regional offices. Each year, the Food Corporation of India purchases roughly 15 to 20 percent of India’s wheat output and 12 to 15 percent of its rice output.
Who is the head of a depot in Food Corporation of India?
Food Corporation of India operates through its Depot headed by Manager (Depot). Every district has few depots to cater to the requirement of the district’s population (beneficiaries). The depot reports to Divisional Office, headed by an Assistant General Manager, designated earlier as an Area Manager and now as Divisional Manager.