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Indian Government approves world’s largest food storage scheme

by Koushik Gope
Published: Last Updated on 0 comment

The Indian government has approved the world’s largest food storage scheme, which will cost ₹1 lakh crore (US$14 billion). The scheme will involve the construction of 70 million tonnes of food storage capacity in the cooperative sector, which will help to improve food security in India.

The scheme was approved by the Cabinet Committee on Economic Affairs on Tuesday, 1 June 2023. The scheme will be implemented over a period of five years and will be funded by the central government.

The scheme will involve the construction of 2,000-tonne capacity godowns in every block of the country. The godowns will be constructed using modern technology and will be equipped with facilities for temperature and humidity control.

The scheme is expected to help to reduce post-harvest losses and to improve the quality of food grains. It is also expected to help to improve the prices received by farmers for their produce.

The scheme is a major step by the Indian government to improve food security in the country. It is expected to benefit millions of farmers and consumers.

Benefits of the scheme:

  • Improved food security: The scheme will help to improve food security in India by increasing the country’s food storage capacity. This will help to reduce the risk of food shortages in the event of a drought or other natural disaster.
  • Increased farmer income: The scheme will help to increase farmer income by providing them with a more stable market for their produce. This will be achieved by reducing post-harvest losses and by improving the prices received by farmers for their produce.
  • Improved quality of food: The scheme will help to improve the quality of food by storing it in modern facilities that are equipped with facilities for temperature and humidity control. This will help to prevent the spoilage of food and to maintain its nutritional value.

The scheme is a major initiative by the Indian government to improve food security in the country. It is expected to benefit millions of farmers and consumers.

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