State govt to construct silos with NABARD assistance
Tribune News Service
Chandigarh, July 4
The state government has decided to construct silos having a capacity of 6 lakh metric tonnes in the state under the Warehouse Infrastructure Fund of the National Bank for Agriculture and Rural Development (NABARD) for sufficient storage of foodgrain. For this, a Rs 200-crore project will be sent to NABARD for approval in the next 15 days.
A decision to this effect was taken at a meeting held under the chairmanship of Chief Minister Manohar Lal Khattar here today to review the progress of various projects being undertaken in the state with the assistance of NABARD. Finance Minister Capt Abhimanyu and chairman of NABARD Harsh Kumar Bhanwala were also present at the meeting.
Khattar said the state government had purchased several crops at the minimum support price (MSP) in the state. “Apart from wheat and rice, each and every grain of bajra, mustard and sunflower is being purchased and for this, sufficient storage capacity is required,” said the CM. He directed that a proposal be send to NABARD at the earliest for releasing required funds to the state for the setting up of silos in those districts initially which had comparatively less storage capacity.
Earlier, it was also agreed upon that in case the funds issued by NABARD for a project could not be utilised by the state government due to any reason, the same fund would be adjusted in any other NABARD project. Consensus was also reached between both the state government and NABARD to hold quarterly meetings to fast-track various development works being implemented in the state.
Foodgrain storage
- The silos will have a capacity of 6 lakh metric tonnes for storing foodgrain
- The project will come up under the Warehouse Infrastructure Fund of the National Bank for Agriculture and Rural Development
