Published on: January 15, 2022




58th Foundation Day of the Food Corporation of India celebrated recently.


  • Statutory body under the Ministry of Consumer Affairs, Food and Public Distribution.
  • Set up in 1965 following the enactment of the Food Corporation Act, 1964
  • Objective of fulfilling various aspects of the National Food Policy at the time.
  • Headquartered in New Delhi.
  • Objectives
    • Proper price support for to protect the interests of poor farmers
    • Effective distribution of foodgrains through a Public Distribution Systems (PDS)
    • Maintenance of operational and buffer stocks of food grains to ensure continued supply of essential food supply.
    • Regulation of market price for foodgrains so that the population can get them at an affordable price.
  • Union food minister suggested following reforms to FCI on its annual day –
    • Change the public perception of FCI from being inefficient & corrupt to dynamic, inclusive & honest.
    • Focus on integrating end-to-end tech solutions right from procurement to delivery to achieve operational efficiency & leakage free, distribution — reduce PDS response time, beneficiary tracking etc.
    • Establish a grievance redressal mechanism to react rapidly to farmer/Farmer Producer Organisation in distress. Reaching out to farmers through “Jan Jagrukta” programmes at grass-root level to spread awareness.
    • Plan for modern infrastructure & logistics. Upgrade warehouses to international standards. Improve storage capacity for the growing need – Power backup, CCTV, robust network facility
    • Global best practices to make India a ‘Food hub’