FCI: Procurement Mechanism: Alka Uniyal Anjali Sharma Aniruddh Singh Arihant Lunkad
FCI: Procurement Mechanism: Alka Uniyal Anjali Sharma Aniruddh Singh Arihant Lunkad
FCI:OVERVIEW
Established through Act in 1964. Started operations from 1st Jan,1965. VISION: Ensuring Food security for citizens of country. Objectives are as follows: Fair price for farmers for their produce. Distribution of Food grains through PDS. Maintaining Buffer Stock & Price Stabilization in market.
FCI: Structure
HQ 5 zones State Supply commission (DCP) District Procurement
19 Regional
Point of purchase
State Govt.
Regional Offices
Zonal Centers
HQ
Central Pool
Buffer Stocks
Methods of Procurement
Levy on Producers Levy on Traders & Millers Pre Emptive Purchase Open Market Purchases Monopoly Procurement
Current CIP
COMMODITY RICE WHEAT Coarse Grains APL 795 610 BPL 565 415 AAY 300 200 100
Loopholes
Adulteration Storage & Wastages Too much movement Excessive Charges of Agents Cost of wheat for FCI= 12.85 + 0.95 (T) + 0.65 (S) + 0.50 (A) + 0.45 (W) = 15.40 Proposed Solution: DPP (Deficiency Price Payment)