Question

State the role of FCI in maintaining food security in India.​

Answer 1

FCI or the Food Corporation of India was set up in the year 1965. Its role in ensuring food security include:

·         Maintaining a reasonable price to ensure people from all classes are able to buy them.

·         Purchasing grains from farmers who have surplus at a standardized price in order to avoid mismanagement.

·         Reselling the purchased grains at lesser rates to financially backward society.

·         Providing proper storage facility to avoid loss of grains due to improper storage facility. 

Answer 2

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FCI stands for Food Corporation of India

Functions of FCI:

1. Maintainance of stocks as measure of Food Security.
2. Supply food grains through shops of rations.