In force
The Food Corporations Act, 1964
36 sections · As amended up to 2026-08
Sections
- I — PRELIMINARY
- 1Short title, extent and commencement
- II — THE FOOD CORPORATION OF INDIA
- 217th December, 1964, vide notification No. G.S.R. 1808, dated 16th December, 1964, see Gazette of India, Extraordinary, Part II, sec. 3(i)
- 3Establishment of Food Corporation of India
- 4Offices and agencies
- 5Capital of Corporation
- 6Management
- 7Board of directors
- 10Meetings
- 11Advisory Committees
- 12Officers and other employees of Corporation
- 12ASpecial provisions for transfer of Government employees to the Corporation in certain cases
- 13Functions of Corporation
- 14Executive Committee and other commodities
- 15Member of board or committee thereof not to vote in certain cases
- III — BOARDS OF MANAGEMENT
- 16Boards of Management, their constitution and functions
- IV — STATE FOOD CORPORATIONS
- 17Establishment of State Food Corporation
- 18Capital of State Food Corporation
- 19Management of State Food Corporation
- 21Removal and resignation of members of board of directors
- 22Meetings
- 23Appointment of officers, etc. and their conditions of service
- 24Executive Committee and other committees
- 25Member of board or committee thereof not to vote in certain cases
- V — FINANCE, ACCOUNTS AND AUDIT
- 26Submission of programme of activities and financial estimates
- 27Borrowing powers of Food Corporation
- 29Power to enter into agreement for purchase of foodgrains after harvest
- 31Funds of Food Corporation
- 32Investment of funds
- 33Allocation of surplus profits
- 34Accounts and audit
- 35Annual report on the working of Food Corporations
- VI — MISCELLANEOUS
- 36Vacancies, etc., not to invalidate acts or proceedings of Food Corporation, etc
- 39Indemnity of directors
- 40Protection of action taken under this Act
- 44Power to make rules
- 45Power of Food Corporation to make regulations