The Indian government has recently approved a groundbreaking scheme worth Rs 1 lakh crore aimed at significantly expanding the foodgrain storage capacity in the cooperative sector.
With the current grain storage capacity at approximately 1,450 lakh tonnes, this initiative seeks to add 700 lakh tonnes of storage over the next five years, eventually reaching a total capacity of 2,150 lakh tonnes.
Information and Broadcasting Minister Anurag Singh Thakur has hailed this scheme as the “world’s largest foodgrain storage programme” in the cooperative sector.