Explain roles of FCI
Answers
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(Food corporation of India)
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The role of F.C.I are as follows :-
•It has enabled the government to build up adequate buffer stocks so as to protect interests of the farmers on one hand and and of the consumer on the other.
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•with the increase in the levels of procurement, the country's dependence on imports of food grains has declined substantially.
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•F.C.I has been able to arrest Price Declines to unremunerative levels.
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•F.C.I has played an important role in building up scientific storage capacity. This has not only enabled the government to build up buffer stocks, it has also saved the country from foodgrain losses.
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FCI stands for Food Corporation of India
Functions of FCI:
- Maintainance of stocks as measure of Food Security.
- Supply food grains through shops of rations.