Food Corporation of India directed to provide grains to NGOs
Part of: GS Prelims and GS – II – Role of NGOs; GS-III – Marketing of agricultural produce
In News:
The Government has directed Food Corporation of India to provide wheat and rice to NGOs.
The food grains will be provided at the Open Market Sale Scheme (OMSS) rates without going through the e-auction process.
Key takeaways:
FCI has network of more than 2000 godowns in the country.
Large network of godowns will ensure smooth supply of food grains to these organisations in this hour of crisis posed by COVID-19.
It will help relief camps in their philanthropic work of feeding poor and migrant workers.
Important value additions:
The Food Corporation of India(FCI)
It was setup under the Food Corporation’s Act 1964.
The objectives are:
Effective price support operations to safeguard the interests of the farmers.
Distributing foodgrains throughout the country for Public Distribution system.
Maintaining satisfactory level of buffer stocks to ensure National Food Security.
Since its inception, FCI has played a significant role in maintaining food security in the country.
Open Market Sale Scheme (OMSS)
It refers to selling of foodgrains by Government/Government agencies at predetermined (decided in advance) prices in the open market from time to time.