Prime Minister Shri Narendra Modi approved the world’s largest grain storage plan for the cooperative sector. It is launched for the welfare of cooperative sector agriculture and farmers, the Ministry of food processing industries, food and public distribution, and Ministry of consumer affairs.

The government will invest approximately Rs 1 lakh crore for the grain storage plan. About 3100 lakh tonnes of food grain produces every year and the current India has facilities of storage only up to 47% of the production. That’s why a Warehouse with a capacity of 2000 tonnes will be constructed in every block.

The government’s main aim for this plan is to raise India’s food grain storage capacity by 700 lakh tonnes for the cooperative society. In the upcoming next 5 years the storage capacity will expand up to 2150 lakh tonnes.

BENEFITS OF GRAIN STORAGE PLAN

1. Decreasing the wastage of food grains due to lack of storage.
2. Reducing the stress of farmers for sales of food grains and providing different options for the sale. 
3. Reducing import dependence. 
4. Generate employment opportunities in rural areas (India).

This plan will boost food security in India and apart from this help the farmers to get better prices for their goods.