Food Corporation of India

Indian statutory body

The Food Corporation of India (FCI) is a statutory body of the Government of India. It is under the ownership of Ministry of Consumer Affairs, Food and Public Distribution, formed by the enactment of Food Corporation Act, 1964 by the Parliament of India. Its top official is designated as Chairman and Managing Director, who is a central government civil servant of the IAS cadre. 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.

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FCI struggles with surplus rice stock of 534 lakh tonnes, affecting procurement decisions. Govt must address surplus liquidation and distribution challenges to..
Credit: IndiaTimes - Published 23 hours ago

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