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World’s largest grain storage plan

 Context: The National Level Coordination Committee (NLCC) for the world’s largest grain storage plan held its first meeting in Delhi.

The plan aims to transform Primary Agricultural Credit Societies (PACS) into Multi-Service Societies. The pilot project, implemented in 11 states, focuses on creating agricultural infrastructure at the PACS level, including warehouses and processing units, through various government schemes.

 

About the World’s largest grain storage plan

ImplementationThe Ministry of Cooperation will implement a pilot project in at least 10 districts to gather regional insights for nationwide implementation. An IMC will modify guidelines and implementation methodologies for creating infrastructure at Primary Agricultural Credit Societies (PACS) using available schemes.
The ministry will implement it through the National Cooperative Development Corporation with support from NABARD, FCI, and others
Schemes for ConvergenceMinistry of Agriculture and Farmers Welfare

 

Agriculture Infrastructure FundAgricultural Marketing Infrastructure Scheme, Mission for Integrated Development of Horticulture, Sub Mission on Agricultural Mechanization.
Ministry of Food Processing IndustriesPradhan Mantri Formalization of Micro Food Processing Enterprises SchemePradhan Mantri Kisan Sampada Yojana.
Ministry of Consumer Affairs, Food and Public DistributionAllocation of food grains under the National Food Security Act, Procurement operations at Minimum Support Price.
BenefitsThe plan aims to address the agricultural storage infrastructure shortage and enable PACS to function as procurement centres, fair price shops, custom hiring centres, and processing units.

It will reduce food grain wastage, enhance food security, prevent distress sales, reduce transportation costs, and strengthen PACS.

Implementation TimelineThe National Level Coordination Committee was formed within one week of approval. Implementation guidelines are issued within 15 days of approval.

Portal for PACS linkage rolled out within 45 days of approval.

Implementation starts within 45 days of approval.

FCI is a nodal agency responsible for procurement, storage and movement of food grains, public distribution and maintenance of buffer stocks. FCI, set up under the Food Corporation’s Act 1964, works under the Ministry of Consumer Affairs, Food and Public Distribution. CWC established under Warehousing Corporations Act, 1962 for warehousing of agricultural produce and other notified commodities

World's largest grain storage plan
FCI

 

 Source: PIB