230 Lakh Tonne Storage Capacity to be Created under Grameen Bhandaran Yojana in XII Plan

As per Report of the Working Group on Agricultural Marketing Infrastructure, Secondary Agriculture and Policy Required for Internal and External Trade of Planning Commission, the additional warehousing facility required for the XII Five Year Plan 2012-17 is 350 lakh tonne for storing agricultural produce.

Government has created warehousing and storage facilities by launching several promotional activities and capital investment schemes for creation of storage infrastructure. These include schemes such as Grameen Bhandaran Yojana (GBY), Private Entrepreneur Guarantee (PEG) scheme and provision of Warehouse Infrastructure Fund of NABARD.

Under Grameen Bhandaran Yojana since inception of the scheme in April, 2001 up to June, 2013, a capacity of 270.31 lakh MT has been created and a total of 20,216 godowns have been set up across the country.

It is proposed to create additional new capacity of 230 lakh MT under the scheme during XII Plan.

An amount of Rs. 3000 Crores has been provided by the Central Government for the scheme under XII Plan.

Tags: Agricultural marketingAgricultureCentral GovernmentInfrastructureInvestmentPEGPlanning CommissionWarehouse

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