give a note on FCI?
give a note on FCI
Answers
Answered by
1
Answer:
Food Corporation of India (FCI) is a Public Sector Undertaking, under the Department of Food & Public Distribution, Ministry of Consumer Affairs, Food and Public Distribution.
FCI is a statutory body set up in 1965 under the Food Corporations Act 1964. It was established against the backdrop of major shortage of grains, especially wheat.
Simultaneously, Commission for Agricultural Costs and Prices (CACP) was created in 1965 to recommend remunerative prices to farmers.
It has primary duty to undertake purchase, store, move/transport, distribute and sell food grains and other foodstuffs.
Similar questions