World’s Largest Grain Storage Plan
Source : The Hindu
GS III : Agriculture
What is discussed under World’s Largest Grain Storage Plan?
- Key Facts
- Benefits of the plan
Why in News ?
Plan entails setting up various types of agri-infrastructure, including warehouse, custom hiring center, processing units, etc. at Primary Agricultural Credit Societies (PACS) level, thus transforming them into multipurpose societies.
Key Facts
- IMC is approved by convergence of various schemes of various ministries.
Photo by Shalitha Dissanayaka on Unsplash - IMC will be constituted under chairmanship of Minister of Cooperation with ministers of MoA&FW, MoCAF&PD and MoFPI asmembers.
- Ministry of Cooperation will implement a pilot project in at least 10 selected Districts of different States/ UTs.
- Also, a National Level Coordination Committee, implementation guidelines and a portal for linkage of PACS with Govt. of India and State Governments will be rolled out.
Benefits of the plan
- Will address not just the shortage of agricultural storage infrastructure, but would also strengthen PACS to undertake various other activities such as:
- Functioning as Procurement centres for State Agencies/ Food Corporation of India.
- Serving as Fair Price Shops.
- Creation of decentralized storage capacity at the local level would reduce food grain wastage.
- Also this will prevent distress in sale of crops.
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