Food Corporation of India

The Food Corporation of India (FCI) is a statutory body created and run by the Government of India. It is under the ownership of Ministry of Consumer Affairs, Food and Public Distribution, Government of India formed by the enactment of Food Corporation Act, 1964[2] by the Parliament of India. Its top official is designated as Chairman and Managing Director who is a central government civil servant of the IAS cadre. It was set up in 1965 with its initial headquarters at Chennai. Later this was moved to New Delhi. It also has regional centers in the capitals of the states.

Food Corporation of India
TypeStatutory Body
IndustryFood security
Founded14 January 1965 (1965-01-14)
FounderGovernment of India
Headquarters
New Delhi
,
India
Number of locations
5 (Zonal Offices)
Area served
Throughout India
Key people
Ashok Kumar Meena, IAS
(Chairman & Managing Director)[1]
ProductsFood Grains
ServicesEnsuring Food security of India
OwnerMinistry of Consumer Affairs, Food and Public Distribution, Government of India
Number of employees
21,847 (as on 31 March 2019)
Websitefci.gov.in

Mandate

The Food Corporation of India or the FCI was set up on 14 January 1965 having its first District Office at Thanjavur – rice bowl of Tamil Nadu – and headquarters at Chennai (later shifted to Delhi) under the Food Corporations Act 1964[3] to implement the National Food Policy's objectives:

Statistics

It is one of the largest Corporations in India started by the government and probably the largest supply chain management in Asia.[4] 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).[5]

Operations

There were 21,847 employees working in FCI as of 2019.[6]

The Food Corporation of India procures rice and wheat from farmers through many routes like paddy purchase centres/mill levy/custom milling and stores them in depots. FCI maintains many types of depots like food storage depots and buffer storage complexes and private equity godowns and also implemented latest storage methods of silo storage facilities which are located at Hapur in Uttar Pradesh, Malur in Karnataka and Elavur in Tamil Nadu.[7]

References
  1. "About Us". Food Corporation of India. Retrieved 27 March 2021.
  2. "Food Corporations Act".{{cite web}}: CS1 maint: url-status (link)
  3. Acts Of Parliament. New Delhi: Government of India Press Delhi. 1966. pp. 300.
  4. "Asia - Google Search". www.britannica.com. Retrieved 12 October 2021.{{cite web}}: CS1 maint: url-status (link)
  5. Chopra, R. N (1984). Green Revolution In India. Delhi: Intellectual Publishing House. p. 37.
  6. "Personnel – Food Corporation of India". fci.gov.in. Retrieved 10 July 2020.
  7. "Over 11 MT FCI silos to be built via PPP". www.financialexpress.com.

Further reading
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