---
title: "Food Corporation of India — Definition & Meaning"
description: "The Food Corporation of India is a public-sector body that procures and distributes foodgrains in India, ensuring price stability and food security."
url: "https://modeldiplomat.com/learn/glossary/food-corporation-of-india"
---

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Model Diplomat Research Team · Last reviewed June 22, 2026

TL;DR

- The Food Corporation of India is a statutory public-sector body created under the Food Corporations Act, 1964 to procure, store, distribute and stabilise prices of foodgrains in India.
- Under which Act and when was the FCI established?
- What are the three statutory objectives of FCI?
- What did the Shanta Kumar Committee (2015) recommend?
- How does FCI relate to MSP and the food subsidy?

[Civil Service & Diplomatic Exams](https://modeldiplomat.com/learn/civil-services/glossary)Updated June 22, 2026

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In response to the COVID-19 lockdown, the Food Corporation of India distributed free foodgrains to over 800 million beneficiaries under the Pradhan Mantri Garib Kalyan Anna Yojana launched in April 2020.

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