Food Corporation of India

It is one of the largest corporations in India and probably the largest supply chain management in Asia (Second in world ) . It operates through 5 zonal offices and 24 regional offices. Each year, the Food Corporation of India purchases roughly 15 to 20 per cent of India's wheat output and 12 to 15 per cent of its rice output. The purchases are made from the farmers at the rates declared by the Govt. of India. This rate is called as MSP (Minimum Support Price). There is no limit for procurement in terms of volume, any quantity can be procured by FCI(Food Corporation of India) provided the stock satisfies FAQ (Fair Average Quality) specifications with respect to FCI.

Type	Government-owned corporation
Industry	PSU
Founded	1964
Founder	Govt of India
Headquarters	New Delhi, India
Area served	All India
Key people	Shri C. Viswanath (wef 28/5/2013 A/N) (I.A.S),Chairman & MD
Products	Mainly Wheat & Rice
Services	Govt Policy Execution
Number of employees	Sanctioned:- 36515 In position:- 26716 (as on 31/3/2013)

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