What is FCI?? What are its aims and objectives?? Explain in detail
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FCI means food corporation of india
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Food corporation of India is the FCI. It procures foodgrains from the farmers in the state where the production is surplus and store them in government granaries. these grains are distributed to deficit areas and among the poor people of the society.
FCI's Objectives are:
- To provide farmers remunerative prices.
- To make food grains available at reasonable prices, particularly to vulnerable section of the society.
- To maintain buffer stocks as measure of Food Security.
- To intervene in market for price stabilization.
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