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SWOT Analysis of Foodgrains Sector of India

Paramjot Singh, Research Scholar, SMS, Panjabi University, Patiala,India

Abstract:-

The foodgrains sector of the country being sensitive has been directly regulated by the
government through its agency Food Corporation of India.Any analysis of foodgrain sector is
basically the analysis of FCI as it plays major role in implementing the policies of the govt.The Food
Corporation of India (FCI) was established under the Food Corporations Act, 1964. The major roles
of FCI are; to provide effective price support operations for safeguarding the interests of the
farmers,distribution of foodgrains throughout the country for public distribution system, maintaining
satisfactory level of operational and buffer stocks of foodgrains to ensure National Food
Security.Since its inception, FCI has played a significant role in India's success in transforming the
crisis management oriented food security into a stable security system.Vision of the corporation
“Ensuring Food Security for citizens of the country”. Mission of the corporation is “Efficient
procurement at Minimum Support Price (MSP),

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