The Food CorporaHon of India was set up to fulfil the following objectives of the National Food Policy
(i) Effective price support operations for safeguarding the interests of the farmers by providing them remunerative prices for their food grains.
(ii) Distribution of food grains throughout the country through the Public Distribution System.
(iii) Maintaining a satisfactory level of operational and buffer stocks of food grains to ensure National Food Security.
(iv) Intervention in the food grains market when required for price stabilisation.
In its 48 years of operation, FCI has played a significant role in India’s success in transforming the crisis ’ management-oriented food security into a stable food