| Agency name | Nepal Food Corporation |
|---|---|
| Formed | 1974 |
| Preceding 1 | Agriculture Purchase and Sales Corporation |
| Jurisdiction | Government of Nepal |
| Parent agency | Government of Nepal |
| Website | http://www.nfc.com.np |
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.[1][2][3][4]
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.[1]
Functions and operations
Nepal Food Corporation's primary functions include:[2][4]
- 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
- ^ "Welcome to Nepal Food Corporation - Government of Nepal Undertaking". Archived from the original on 2015-10-31. Retrieved 2015-10-27.
- ^ "NFC sends rice to Baitadi in view of festival". Kathmandupost.com. Retrieved 29 July 2019.
- ^ "The Kathmandu Post | Read online latest news and articles from Nepal". Kathmandupost.com. Retrieved 29 July 2019.
- ^ "Food stock adequate for festivals, assures Nepal Food Corporation". The Himalayan Times. October 9, 2015.