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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