FCI full form - know other details about FCI - urstewatia.com
Full form of FCI FCI - F ood C orporation of I ndia urstewatia.com What is FCI Food Corporation of India ( FCI ) is a government-owned corporation in India that is responsible for ensuring food security for the nation by maintaining a sufficient buffer stock of food grains and distributing them throughout the country through the Public Distribution System (PDS) and other welfare schemes. FCI was established in 1965 under the Food Corporations Act and operates under the purview of the Ministry of Consumer Affairs, Food, and Public Distribution. It is headquartered in New Delhi and has regional offices across the country. FCI procures food grains such as rice and wheat from farmers at a minimum support price (MSP) declared by the government and stores them in warehouses for distribution. It also provides food grains to other government agencies such as the Ministry of Defense, and for export purposes. FCI plays a crucial role in ensuring food security and price stability in India, and ...