Question

What is FCI ? What are function of FCI?

Answer 1

Food Corporation of India

Following are the main functions of the FCI :-

1) The food Corporation of India or FCI purchases wheat and rice from the farmers in the states , where there is surplus production .
2) It also builds the buffer stock.

Answer 2

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FCI stands for Food Corporation of India.

The FCI purchase grains from farmers of state of surplus production.

Farmers are paid a pre announced price for their crops.

This price is called MSP.

The MSP is declared by the government every year before the sowing season.

The purchased grains are stored in granaries.

The food procured by FCI is distributed to poor people through government ration shop.