Cabinet Approves "World's Largest Grain Storage Plan in Cooperative Sector" Worth Rs 1 Lakh Crore

In a significant move towards bolstering the agricultural infrastructure in India, the Union Cabinet has given its nod to the formation of an Inter-Ministerial Committee (IMC) to facilitate the implementation of the "World's Largest Grain Storage Plan in Cooperative Sector." This transformative plan aims to converge the schemes of the Ministry of Agriculture and Farmers Welfare, Ministry of Consumer Affairs, Food and Public Distribution, and Ministry of Food Processing Industries. The announcement was made by Information and Broadcasting Minister Anurag Thakur during a media briefing after the cabinet meeting.

With a budget of Rs 1 lakh crore, this ambitious scheme intends to construct grain storage facilities in the cooperative sector. Every block will have a dedicated godown with a capacity of 2,000 tonnes. This endeavor aims to revolutionize the storage and distribution of food grains, ensuring their preservation and availability across the country. The project's implementation will be overseen by an inter-ministerial committee that will work towards the effective execution of this visionary plan.

The Ministry of Cooperation will take charge of the time-bound and uniform implementation of the project, commencing with a pilot phase in 10 selected districts across different states and union territories. This strategic approach will provide invaluable insights into regional requirements and facilitate the necessary fine-tuning of the plan for nationwide implementation.

By introducing modern storage facilities and embracing cooperative principles, the plan aims to address storage challenges and prevent post-harvest losses. This transformative initiative will enhance the income of farmers and contribute to the nation's food security goals.

The implementation of this groundbreaking plan will create numerous employment opportunities, both directly and indirectly. The establishment of state-of-the-art grain storage infrastructure will not only benefit farmers and consumers but also stimulate economic growth in rural areas.

Furthermore, the cabinet meeting also announced the commencement of the City Investments to Innovate, Integrate and Sustain (CITIIS) 2.0 program. This initiative seeks to foster innovative and sustainable urban development across the country.

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The approval of the "World's Largest Grain Storage Plan in Cooperative Sector" demonstrates the government's commitment to modernizing India's agricultural sector and ensuring food security for its citizens. By converging the efforts of multiple ministries and prioritizing cooperation, this transformative scheme sets the stage for a more efficient and robust grain storage and distribution system.

As the pilot project kicks off in selected districts, stakeholders eagerly await the insights and experiences gained, which will guide the nationwide implementation of this visionary plan. The transformative impact of this endeavor is poised to uplift the agricultural sector, empower farmers, and secure India's food requirements for generations to come.

Source-ANI

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