In force

The Food Corporations Act, 1964

36 sections · As amended up to 2026-08

Sections

  1. I — PRELIMINARY
  2. 1Short title, extent and commencement
  3. II — THE FOOD CORPORATION OF INDIA
  4. 217th December, 1964, vide notification No. G.S.R. 1808, dated 16th December, 1964, see Gazette of India, Extraordinary, Part II, sec. 3(i)
  5. 3Establishment of Food Corporation of India
  6. 4Offices and agencies
  7. 5Capital of Corporation
  8. 6Management
  9. 7Board of directors
  10. 10Meetings
  11. 11Advisory Committees
  12. 12Officers and other employees of Corporation
  13. 12ASpecial provisions for transfer of Government employees to the Corporation in certain cases
  14. 13Functions of Corporation
  15. 14Executive Committee and other commodities
  16. 15Member of board or committee thereof not to vote in certain cases
  17. III — BOARDS OF MANAGEMENT
  18. 16Boards of Management, their constitution and functions
  19. IV — STATE FOOD CORPORATIONS
  20. 17Establishment of State Food Corporation
  21. 18Capital of State Food Corporation
  22. 19Management of State Food Corporation
  23. 21Removal and resignation of members of board of directors
  24. 22Meetings
  25. 23Appointment of officers, etc. and their conditions of service
  26. 24Executive Committee and other committees
  27. 25Member of board or committee thereof not to vote in certain cases
  28. V — FINANCE, ACCOUNTS AND AUDIT
  29. 26Submission of programme of activities and financial estimates
  30. 27Borrowing powers of Food Corporation
  31. 29Power to enter into agreement for purchase of foodgrains after harvest
  32. 31Funds of Food Corporation
  33. 32Investment of funds
  34. 33Allocation of surplus profits
  35. 34Accounts and audit
  36. 35Annual report on the working of Food Corporations
  37. VI — MISCELLANEOUS
  38. 36Vacancies, etc., not to invalidate acts or proceedings of Food Corporation, etc
  39. 39Indemnity of directors
  40. 40Protection of action taken under this Act
  41. 44Power to make rules
  42. 45Power of Food Corporation to make regulations