FCI :- Food Corporation of India/Fertilizer Corporation of India
The Food Corporation of India (FCI) was set up on 14 January 1965 having its first District Office at Thanjavur – rice bowl of Tamil Nadu – and central command at Chennai (The Headquarters later moved to Delhi) under the Food Corporations Act 1964 to actualize the accompanying destinations of the National Food Policy :
- Compelling value bolster tasks for protecting the interests of the poor ranchers
- Appropriation of foodgrains all through the nation for Public Distribution System
- Keeping up an acceptable level of operational and cradle loads of foodgrains to guarantee National Food Security
- Control advertise cost to give foodgrains to purchasers at a solid cost
It is one of the biggest enterprises in India and presumably the biggest inventory network administration in Asia (Second in the world). It works through 05 Zonal workplaces and 24 Regional workplaces. Every year, the Food Corporation of India buys approximately 15 to 20 percent of India’s wheat yield and 12 to 15 percent of its rice yield. The buys are produced using the agriculturists at the rates proclaimed by the Govt. of India. There is no restriction for obtainment as far as volume, any amount can be secured by FCI (Food Corporation of India) gave the stock fulfills FAQ (Fair Average Quality) particulars regarding FCI.