The Full Form of ‘FCI’ in Organization is ‘Food Corporation of India’.
Full Form of FCI
The full form of FCI in organization is Food Corporation of India (FCI). It is a Public Sector Undertaking (PSU) under the Ministry of Consumer Affairs, Food and Public Distribution. It was established in the year 1965 with its headquarters located in Delhi.
The main objective of FCI is to procure agricultural products from farmers at remunerative prices, store them for buffer stock operations, regulate their distribution, and ensure food security in the country. The corporation also plays a major role in developing the infrastructure of Indian agriculture.
FCI has been playing an important role in ensuring food security across India by procuring grains from farmers at Minimum Support Price (MSP) and distributing them through Fair Price Shops (FPS). It also helps to stabilize prices by releasing stocks into the open market when required. FCI has made significant progress over the years by increasing its storage capacity, modernizing its operations and introducing new technologies such as e-auctioning and online procurement.
To start with, FCI operates through five regional offices located at Chennai, Kolkata, Mumbai, New Delhi and Guwahati. These regional offices are responsible for overseeing procurement, storage, transportation and distribution activities. In addition to this, it has several depots located across the country for storing food grains such as wheat, rice and pulses.
FCI also runs several welfare schemes like public distribution system (PDS), Mid-Day Meal Scheme (MDMS), Antyodaya Anna Yojana (AAY) etc., which provide food items at subsidized rates to people who are below poverty line or are economically weaker sections of society. This helps them to meet their basic needs for nutrition and sustenance. Moreover, it provides free meals to school children under MDMS so that they can concentrate on their studies without worrying about hunger pangs during school hours.
Apart from these activities, FCI is also involved in research activities related to agricultural production and productivity improvement measures like seed technology and post-harvest management techniques etc., which help increase crop yields significantly while reducing wastage due to spoilage or any other factors.
In conclusion thus we see that FCI is a very important organization in terms of ensuring food security across India by providing various welfare measures as well as promoting research activities for improving agricultural productivity. The organization has achieved tremendous success since its inception in 1965 due to its dedicated efforts towards achieving its objectives
Queries Covered Related to “FCI”
- What is the full form of FCI in Organization?
- Explain full name of FCI.
- What does FCI stand for?
- Meaning of FCI
