Economy

FCI and World Food Programme – Rice Supply Agreement

FCI and World Food Programme – Rice Supply Agreement
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Why in news?

On 18 February 2026 the Food Corporation of India (FCI) signed a memorandum of understanding (MoU) with the World Food Programme (WFP). Under the agreement, FCI will supply up to 200,000 metric tonnes of rice to WFP for its humanitarian operations over the next five years. This partnership underscores India’s role in promoting global food security.

Background

The World Food Programme is the United Nations agency that provides food assistance during emergencies and works to improve nutrition and food security worldwide. India has long supported WFP and is also one of the world’s largest producers of rice. The FCI, established in 1965, procures and distributes grains to ensure food security within India. With this MoU, India will help WFP procure rice at competitive prices for distribution in countries facing food crises.

Highlights of the MoU

  • Quantity and quality: FCI will supply up to 200,000 tonnes of rice with up to 25 percent broken grains. The rice is expected to cost around ₹2,800 per quintal for deliveries made up to 31 March 2026.
  • Duration: The MoU is valid for five years, providing long‑term certainty to WFP’s procurement plans and enabling better planning for emergency responses.
  • Shared goals: Both organisations aim to strengthen global food supply chains and ensure that those affected by conflict, disasters and economic instability receive necessary food aid.

Why it matters

  • Global solidarity: By exporting rice to WFP, India reaffirms its commitment to combating hunger beyond its borders.
  • Support for farmers: The agreement also benefits Indian farmers, ensuring a stable market for surplus rice production.
  • International leadership: The partnership demonstrates India’s willingness to play a larger role in international humanitarian efforts and align its agricultural capabilities with global needs.

Source: Press Information Bureau

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