What are the major functions of the Food Coronation of India?
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The main functions of Food Corporation in India (FCI) are as follows:The main role of FCI is to purchase grains like wheat and rice from the farmers having surplus production.A Minimum Support Price (MSP) is pre-announced by the government to be paid to the farmers for their crops. 3. It’s another function is to store the purchased foodgrains in granaries so as that they can be used in times of need (such
as drought or famine etc.) to be distributed in the deficit regions and among the poorest people at a price lower than the market price.
4. FCI then distributes this food to the ration shops (government regulated shops) among the poorer section of the society.
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as drought or famine etc.) to be distributed in the deficit regions and among the poorest people at a price lower than the market price.
4. FCI then distributes this food to the ration shops (government regulated shops) among the poorer section of the society.
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major functions are =
a. Effective price support operations for safeguarding the interests of the farmers by providing them remunerative prices for their food grains.
b. Distribution of food grains throughout the country through the Public Distribution System.
c. Maintaining a satisfactory level of operational and buffer stocks of food grains to ensure National Food Security.
d. Intervention in the food grains market when required for price stabilisation.
In its 48 years of operation, FCI has played a significant role in India’s success in transforming the crisis ’ management-oriented food security into a stable food
security system.
a. Effective price support operations for safeguarding the interests of the farmers by providing them remunerative prices for their food grains.
b. Distribution of food grains throughout the country through the Public Distribution System.
c. Maintaining a satisfactory level of operational and buffer stocks of food grains to ensure National Food Security.
d. Intervention in the food grains market when required for price stabilisation.
In its 48 years of operation, FCI has played a significant role in India’s success in transforming the crisis ’ management-oriented food security into a stable food
security system.
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