Nepal Food Corporation

Nepal Food Corporation 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