Storage & Contract

Overview

The storage function assumes paramount importance in organization such as Food Corporation of India because of its requirement to hold huge inventory of foodgrains over a significant period of time. Storage plan of FCI is primarily to meet the storage requirement for holding stocks to meet the requirements of Public Distribution System and Other Welfare Schemes undertaken by the Government of India. Also, buffer stock is to be maintained for ensuring food security of the nation. Adequate scientific storage is pre-requisite to fulfill the policy objectives assigned to the Food Corporation of India for which FCI has a network of strategically located storage depots including silos all over India.

Besides having own storage capacity, FCI has hired storage capacities from Central Warehousing Corporation, State Warehousing Corporations, State Agencies and Private Parties for short term as well as for guaranteed period under Private Entrepreneurs Guarantee Scheme.

New Godowns are being constructed by FCI mainly through Private Participation under Private Entrepreneurs Guarantee Scheme. FCI is also augmenting and modernizing its storage capacity in the form of silos through Public Private Partnership.

Storage Capacity for Central Pool Stocks for the last ten Years as on 1st April is given as under: