Question

Explain in details about the (FCI) Food
Carponation of India​

Answer 1

Answer:

• FCI procures food grains to ensure that effective market intervention is in place to keep the prices under check and also to ensure country's food security. FCI is the nodal central agency of Government of India. FCI, along with other state agencies takes up the procurement of Wheat and Paddy
• It is under the jurisdiction of Ministry of Consumer Affairs, Food and Public Distribution, Government of India formed by the enactment of Food Corporation Act, 1964 by the Parliament of India.