World's Largest Grain Storage Plan in Cooperative Sector

Recently, the Union Cabinet approved the constitution and empowerment of an Inter- Ministerial Committee (IMC) for facilitation of the world’s largest grain storage plan in cooperative sector with a convergence of various schemes from different ministries.

Objectives

  • The plan focuses on strengthening food security, reducing wastage, and empowering farmers by creating godowns and agricultural infrastructure at the Primary Agricultural Credit Societies (PACS) level.

Need

Insufficient Storage Facilities

  • At present, India has a foodgrain storage capacity of 145 million metric tonnes (MMT) against the total food production of 311 MMT, leaving a gap of 166 MMT.
  • In the absence of ....
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