1. Food Corporation of India (FCI)
It is the primary government agency responsible for the procurement, storage, and distribution of food grains. It was established in 1965. FCI procures food grains at the Minimum Support Price (MSP) from farmers and maintains buffer stocks to ensure food security. It distributes grains through the Public Distribution System (PDS) and other welfare schemes. FCI plays a crucial role in stabilizing food grain prices and ensuring their availability across the country.
2. National Agricultural Cooperative Marketing Federation of India (NAFED)
NAFED was established in 1958. It is a national-level cooperative organization tasked with promoting cooperative marketing of agricultural produce. It assists in the procurement, storage, processing, and marketing of agricultural commodities. NAFED operates procurement operations to stabilize market prices and ensure farmers get fair prices for their produce. It also engages in the distribution of agricultural inputs like seeds and fertilizers, supporting farmers in enhancing productivity and income.
3. State Trading Corporation of India (STC)
The State Trading Corporation of India (STC), established in 1956, is a government-owned entity that deals with the export and import of agricultural and other essential commodities. STC plays a key role in stabilizing domestic prices by importing food grains during shortages and exporting surplus produce. It also engages in market intervention operations to ensure fair prices for both producers and consumers.
4. Central Warehousing Corporation (CWC)
It provides storage and logistical support for the procurement and distribution of agricultural commodities. It was established in 1957. CWC operates a vast network of warehouses across India, ensuring the safe storage of food grains and other agricultural products. It also offers services like pest control, handling, and transportation, crucial for maintaining the quality and safety of stored produce.
5. Small Farmers’ Agribusiness Consortium (SFAC)
The Small Farmers’ Agribusiness Consortium (SFAC), established in 1994, aims to promote agribusiness projects and support farmer producer organizations (FPOs) by providing financial and technical assistance. SFAC facilitates the formation of FPOs, helps in value addition, and enhances market access for small and marginal farmers. It also implements various government schemes to promote sustainable and profitable farming practices.
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