Understanding Food Corporation of India

2,219 views 44 slides Jul 07, 2020
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About This Presentation

Key Takeaways:
- Objectives and Structure of FCI
Roles of FCI
- Functions of Various Divisions under FCI
- Measures taken by FCI amidst COVID-19


Slide Content

Understanding Food Corporation of India CA Divakar Vijayasarathy

Research Credits Sundar Rajan S CA Jugal Gala

Legends used in the Presentation CG Central Government CWC Central Warehousing Corporation DCP Decentralised Procurement FCI Food Corporation of India GOI Government of India IAS Indian Administrative Service IRS Indian Revenue Service OMSS Open Market Sales Scheme MSP Minimum Support Price PEG Scheme Private Entrepreneurs Guarantee Scheme PDS Public Distribution System SG/ SGA State Government / State Government Agencies SWC State Warehousing Corporation

Presentation Schema

Overview

Introduction

Objective

Organisational Structure

Contd. Chairman and Managing Director Executive Director General Manager Divisional Manager Manager

Roles of FCI

Procurement

Price Support Scheme * Minimum support price is the assured price announced by CG at which food grains are procured from farmers by CG and SG/SGAs, for the Central Pool. MSP helps to incentivize the farmers and thus ensures adequate food grains production in the country **Central Pool refers to the total stock of food grains available for distribution to the consumers through PDS and Other Welfare Schemes *** and kept as reserves for buffer stock ***Other Welfare Schemes are such Government schemes, in addition to the Targeted PDS , under which food-grains or meals are supplied as part of the schemes. For e.g. Mid-Day Meal Scheme, Wheat Based Nutrition Programme, etc.

MSP of Food Grains Marketing Year Paddy Wheat Jowar (Maldandi) Jowar (Hybrid) Bajra Ragi Maize  Barley Common Grade 'A' 2010-11 1000 1030 1100 900 880 880 965 880 750 2011-12 1080 1110 Rs.1120/-   (+Rs.50/- as bonus) 1000 980 980 1050 980 780 2012-13 1250 1280 1285 1520 1500 1175 1500 1175 980 2013-14 1310 1345 1350 1520 1500 1250 1500 1310 980 2014-15 1360 1400 1400 1550 1530 1250 1550 1310 1100 2015-16 1410 1450 1450 1590 1570 1275 1650 1325 1150 2016-17 1470 1510 1525 1650 1625 1330 1725  1365  1225 2017-18 1550 1590 1625 1725 1700 1425 1900 1425 1325 2018-19 1750 1770 1735 2450 2430 1950 2987  1700 1410 2019-20 1815 1835 1840 2570 2550  2000 3150  1760 1440 2020-21 1868 1888 1925 2640 2620 2150 3295 1850 1525 [Rs. Per Quintal (100 Kgs)] Source: FCI portal

System of Procurement DCP and non-DCP are types of procurement of food grains by FCI and SGAs (explained subsequently)

Contd. *Targeted PDS means the system for distribution of essential commodities to the ration card holders through fair price shops

DCP and Non-DCP Procurement

States Procuring Rice/Wheat under DCP System DCP for Rice S. No. State With Effect From 1 Uttrakhand 2002-03 2 Chhattisgarh 2001-02 3 Odisha 2003-04 4 Tamilnadu 2002-03 5 West Bengal 1997-98 6 Kerala 2004-05 7 Karnataka 2009-10 8 Madhya Pradesh 2007-08 9 Andhra Pradesh Fully DCP for KMS 2015-16 10 Bihar 2013-14 11. Telangana Fully DCP from KMS 2014-15 12. Maharashtra 2016-17 13. Jharkhand 2016-17(only for 1 district), 2017-18 (only for 5 Districts), 2018-19 (only for 6 Districts) 14. Gujarat 2017-18 15 Andaman Nicobar 2003-04 16. Tripura KMS 2018-19 and KMS 2019-20 (Rabi Crop) DCP for Wheat S. No. State With Effect From 1 Madhya Pradesh 1999-2000 2 Uttrakhand 2003-04 3 Chattisgarh 2001-02 4 Gujarat 2004-05 5 West Bengal 2010-11 6 Bihar 2014-15 7 Maharashtra 2020-21 KMS stands for Kharif Market Season (1 st October to 30 th September) Source: FCI portal

Storage

Functioning of Storage

Private Entrepreneurs Guarantee (PEG) Scheme

Total Stocks of Food Grains in Central Pool Zone Stock with FCI Stock with SGAs Total Central Stock Pool Rice Wheat Total Rice Wheat Total Rice Wheat Total East 9.87 10.63 20.50 10.21 0.04 10.25 20.08 10.67 30.75 North-East 3.52 0.14 3.66 3.52 0.14 3.66 North 151.74 101.65 253.39 0.45 233.44 233.89 152.19 355.09 487.28 South 36.82 2.29 39.11 28.50 28.50 65.32 2.29 67.61 West 13.35 19.75 33.10 12.10 161.83 173.93 25.45 181.58 207.03 Total 215.30 134.46 349.76 51.26 395.31 446.57 266.56 529.77 796.33 (Fig. in Lakh Tonnes) AS ON 31.05.2020 Source: Department of Food and Public Distribution (DFDP) portal

Storage Capacity for Central Pool Stocks As on Capacity with FCI Storage Capacity Other Agencies Total 01-04-2011 316.10 291.32 607.42 01-04-2012 336.04 341.35 677.39 01-04-2013 377.35 354.28 731.63 01-04-2014 368.90 379.18 748.08 01-04-2015 356.63 352.59 709.22 01-04-2016 357.89 456.95 814.84 01-04-2017 352.71 420.22 772.93 01-04-2018 362.50 480.53 843.03 01-04-2019 388.65 467.03 855.68 30-04-2020 412.31 344.22 756.53 (in Lakh Tonnes) Source: FCI portal

Storage Capacity Created under PEG Scheme State-wise and year-wise details of the storage capacity created under PEG scheme (Fig. in Lakh Tonnes) Sl. No State 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 (up to 31.05.2020) Total 1 2 3 4 5 6 7 8 9 10 11 12 13 14 1 Andhra Pradesh 0.72 0.16 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.88 2 Bihar 0.1 0.12 0.58 0.50 0.48 1.07 0.45 0.10 0.15 0.00 3.55 3 Chhattisgarh 0.05 0.7 1.73 1.78 0.24 0.76 0.12 0.00 0.00 0.00 0.00 5.37 4 Gujarat 0.05 0.45 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.50 5 Haryana 0.28 5.31 8.77 15.48 3.98 0.55 0.00 0.00 0.00 0.33 0.00 34.69 6 H.P. 0.025 0.22 0.00 0.00 0.00 0.00 0.00 0.22 0.00 0.46 7 J & K 0.1 0.3 0.53 0.26 0.09 0.08 0.20 0.07 0.10 0.00 1.72 8 Jharkhand 0.1 0.70 0.20 0.13 0.15 0.65 0.40 0.15 0.20 2.68 9 Karnataka 0.53 0.69 0.67 0.15 0.37 0.00 0.00 0.00 0.00 0.00 2.41 10 Kerala 0.05 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.05

Contd. Sl. No State 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 (up to 31.05.2020) Total 11 M.P. 0.33 1.59 8.84 0.00 0.96 0.95 0.21 0.15 0.00 0.00 13.03 12 Maharashtra 0.17 0.38 1.38 3.15 0.30 0.25 0.00 0.00 0.00 0.00 0.00 5.63 13 Odisha 0.3 1.02 0.72 0.45 0.00 0.45 0.10 0.20 0.28 0.00 0.00 3.53 14 Punjab 1.04 14.05 18.28 8.44 1.08 1.39 0.40 0.00 0.00 0.00 0.00 44.69 15 Rajasthan 0.2 1.43 0.57 0.00 0.00 0.00 0.15 0.00 0.00 0.00 2.35 16 Tamil Nadu 0.6 0.2 0.75 0.00 0.05 0.40 0.55 0.00 0.00 0.00 2.55 17 Telangana 0.75 0.53 1.41 0.00 0.00 0.00 0.00 0.00 0.30 0.00 2.99 18 Uttar Pradesh 0.07 4.53 6.06 1.46 0.45 0.46 1.25 0.36 0.22 0.00 0.10 19 Uttarakhand 0.00 0.00 0.00 0.10 0.00 0.00 0.00 14.86 20 West Bengal 0.21 0.39 0.22 0.45 0.17 0.05 0.05 0.00 0.00 1.54 21 Assam 0.25 0.00 0.00 0.00 0.25 22 Meghalaya - - - - - - - - - -  - -   Total 1.84 24.86 40.71 50.63 8.39 6.38 3.90 4.06 1.40 1.47 0.20 143.83 (Fig. in Lakh Tonnes) Source: Department of Food and Public Distribution (DFDP) portal

Movement

Movement of Food Grains

Mode of Transportation

Import and Export

Functions of Import and Export Division

Export of Food Grains (Including Donation) Year Wheat Rice 2015-16 - 100.16 2016-17 - 19,980 2017-18 1,10,000 2,100 2018-19 - - 2019-20 1584.117 - (Fig. in Tonnes) There was no import of food grains from the year 2008-09 onwards Source: FCI portal

Functions of Other Divisions of FCI

Other Divisions of FCI The various other divisions under FCI include the following:

Quality Control Division Financial Year No of Depot Labs 2015-16 07 2016-17 02 2017-18 02 2018-19 06 Laboratories that have been established by the FCI

Engineering Division

Vigilance Division

Measures taken by FCI amidst Covid-19 *OMSS refers to selling of food grains by Government / Government agencies at predetermined prices in the open market from time to time to enhance the supply of grains especially during the lean season (period between planting and harvesting) and thereby to moderate the general open market prices especially in the deficit regions

Financials of FCI

Balance Sheet of FCI as at 31-03-2018

Contd.

Statement of P&L for the year ended 31-03-2018

Capital Structure

Turnover

Conclusion

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