What is the full form of FCI

FCI - Food Corporation of India

Food Corporation of India (FCI) is an organization created on 14 January 1965 to provide rice support for farmers and ensures adequate public distribution of food grains and to maintaining a satisfactory level of operational and buffer stocks of food grains to ensure National Food Security.

The Food Corporation of India is an organization created and run by the Government of India. It is a statutory body under the Ministry of Consumer Affairs, Food and Public Distribution, Government of India. Its top official is designated as Chairman. It was set up in 1965 with its Initial headquarters at Chennai. Later this was moved to New Delhi. It also has regional centers in the capitals of the states. Important regions of the state also serve as district centers.

The Food Corporation of India (FCI) was set up on 14 January 1965 having its first District Office at Thanjavur – rice bowl of Tamil Nadu – and headquarters at Chennai (later shifted to Delhi) under the Food Corporations Act 1964 to implement the following objectives of the National Food Policy :

1. Effective price support operations for safeguarding the interests of the poor farmers
2. Distribution of foodgrains throughout the country for Public Distribution System (PDS)
3. Maintaining a satisfactory level of operational and buffer stocks of foodgrains to ensure National Food Security
4. Regulate market price to provide foodgrains to consumers at a reliable price