The Food Corporation of India (FCI) is a public sector company.
Its top official is designated as Chairman and Managing Director, who is a central government civil servant of the IAS cadre.
The purchases are made from the farmers at the rates declared by the Government of India.
This rate is called the MSP (minimum support price).
[6] Its storage facilities are located at Hapur in Uttar Pradesh, Malur in Karnataka, and Elavur in Tamil Nadu.