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Cabinet approves Rs 1 lakh crore scheme to increase grain storage capacity in co-operative sector

News Point Bureau by News Point Bureau
June 1, 2023
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Cabinet approves Rs 1 lakh crore scheme to increase grain storage capacity in co-operative sector
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The Union Cabinet has approved one lakh crore rupee scheme to increase grain storage capacity in cooperative sector. Briefing media in New Delhi this afternoon, Information and Broadcasting Minister Anurag Singh Thakur said the Cabinet chaired by Prime Minister Narendra Modi, today approved the constitution and empowerment of an Inter-Ministerial Committee for facilitation of the “World’s Largest Grain Storage Plan in Cooperative Sector”. This will be done by convergence of various schemes of the Ministry of Agriculture, Ministry of Consumer Affairs, Food and Public Distribution, and Ministry of Food Processing Industries.

In order to ensure time-bound and uniform implementation of the Plan in a professional manner, Ministry of Cooperation will implement a pilot project in at least ten selected Districts of different States and UTs in the country. The Pilot would provide valuable insights into the various regional requirements of the project, the learnings from which will be suitably incorporated for the country-wide implementation of the Plan.

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Cabinet approves world’s largest food storage scheme in co-operative sector at the cost of Rs 1 lakh crore

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