Nepal Food Corporation

Nepal Food Corporation (NFC) is a government-owned agency in Nepal responsible for managing the national food market and overseeing the import of essential food commodities.

History

The agency was established in 1974 following a reorganization of the previous Agriculture Purchase and Sales Corporation. The restructuring split the original corporation into two separate entities: the Agriculture Input Corporation, which handles agricultural inputs, and the Nepal Food Corporation, which manages food procurement, distribution, and imports.

Functions and operations

Nepal Food Corporation's primary functions include:

• Procuring essential food grains, including rice and wheat, from domestic and international sources.
• Distributing food stocks across the country, particularly in times of need or national festivals.
• Monitoring food availability and prices to maintain market stability

References