Government to create 70mt grain storage
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Government to create 70mt grain storage
Subject :Economy
Section: Agriculture
Key Points:
- Cabinet has approved the constitution and empowerment of an Inter-Ministerial Committee (IMC) for facilitation of the “world’s largest grain storage plan in the co-operative sector.”
- Committee will be chaired by Minister of Cooperation with Minister and have following as members:
- Minister of Agriculture and Farmers Welfare,
- Minister of Consumer Affairs, Food and Public Distribution,
- Minister of Food Processing Industries and
- Secretaries concerned as members.
- Ministry of Cooperation will implement a pilot in at least 10 districts.
- Committee will be chaired by Minister of Cooperation with Minister and have following as members:
- 70 million tonne capacity to be added in next five years, with a scheme outlay of Rs 1-lakh crore. The funds will be mobilised through following funds/schemes:
| Programme | Ministry |
| Agriculture Infrastructure Fund (AIF) | Ministry of Agriculture & Farmers Welfare |
| Agricultural Marketing Infrastructure Scheme (AMI) | Ministry of Agriculture & Farmers Welfare |
| PM Formalisation of Micro Food Processing Enterprises Scheme (PMFME) | Ministry of Food Processing Industry (MoFPI) |
| PM Kisan SAMPADA Yojana (PMKSY) | Ministry of Agriculture & Farmers Welfare |
- Each block will have 2,000 tonne capacity that will be managed by the Block Development Officer (BDO)
- In addition Primary Agriculture Co-operative Society (PACS) will establish, operate and manage godowns with capacity between 500 and 2,000 tonnes.
Objectives:
- Prevent distress sale of crops by giving farmers an options other than selling immediately, thus enabling the farmers to realise better prices for their produce.
- Drastically reduce the cost incurred in transportation of food grains to procurement centres and again transporting the stocks back from warehouses to the Fair Price Shops (FPS)