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.[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

  1. Welcome to Nepal Food Corporation - Government of Nepal Undertaking retrieved 2015-10-27^
  2. NFC sends rice to Baitadi in view of festival Kathmandupost.com, retrieved 29 July 2019^
  3. The Kathmandu Post | Read online latest news and articles from Nepal Kathmandupost.com, retrieved 29 July 2019^
  4. Food stock adequate for festivals, assures Nepal Food Corporation The Himalayan Times, October 9, 2015^