________ provides crop storage facility in Indiaa)IDBIb)FCIc)ICICId)IF...
FCI
Warehousing of food grains, proper storage and upkeep, protection from bad weather and rodents, besides natural decay and weather effects, are becoming a big business opportunity for those who can manage the problems and handle upto a mammoth 120 million tonnes of grains in our country. This capacity need to cover our chemical fertiliser storage too, which is essential for the development and growth of the agricultural industry.
In simple terms, it is a capital intensive business, needing about Rs5,000 per tonne of warehousing and would require a minimum 10-12 years for a break-even of costs.
The biggest and widest storage capacity is held by the Food Corporation of India (FCI) and its associate organisations. There are state-wise storage capacities as well. Central Warehousing Corporation alone, for example, has 490 warehouses that can hold 9.8 million tonnes of food grains. Besides these, State Warehousing corporations in Andhra Pradesh, Haryana and Kerala take care of the local needs, though, not sufficient to meet the entire demand.
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________ provides crop storage facility in Indiaa)IDBIb)FCIc)ICICId)IF...
FCI (Food Corporation of India) provides crop storage facility in India.
Explanation:
The Food Corporation of India (FCI) is a government agency responsible for ensuring food security in India. It was established in 1965 under the Food Corporation Act, 1964, and operates under the administrative control of the Ministry of Consumer Affairs, Food and Public Distribution.
Crop Storage Facility:
One of the main functions of FCI is to provide crop storage facilities in India. FCI operates a vast network of storage facilities across the country to ensure proper storage and preservation of food grains, especially wheat and rice. These facilities are used to store the procured grains from farmers and maintain buffer stocks to meet the food requirements of the country.
Role of FCI in Crop Storage:
1. Procurement: FCI procures food grains directly from farmers at the Minimum Support Price (MSP) announced by the government. These procured grains are then stored in FCI warehouses.
2. Storage Infrastructure: FCI has a network of warehouses and storage depots spread across various states in India. These storage facilities are equipped with modern storage techniques and technologies to ensure proper preservation of food grains.
3. Quality Control: FCI ensures that the stored grains meet the quality standards specified by the government. Regular inspections and quality checks are conducted to maintain the quality of the grains.
4. Buffer Stock Maintenance: FCI maintains buffer stocks of food grains to ensure food security during emergencies, natural disasters, or any other situation that may affect the availability of food grains.
5. Distribution: FCI plays a crucial role in the distribution of food grains to the states and various government welfare schemes like the Public Distribution System (PDS) and Mid-Day Meal Scheme.
Conclusion:
The Food Corporation of India (FCI) is responsible for providing crop storage facilities in India. It operates a vast network of storage facilities across the country to ensure proper storage and preservation of food grains. FCI plays a crucial role in ensuring food security and maintaining buffer stocks to meet the food requirements of the country.