Prime Minister Narendra Modi with Union Ministers Amit Shah, Piyush Goyal and Arjun Munda in the course of the inauguration & basis stone laying ceremony of a number of key initiatives for cooperative sector, in New Delhi, Saturday, Feb. 24, 2024.
| Photo Credit: PTI
Prime Minister Narendra Modi on February 24 inaugurated 11 godowns for grain storage in main agricultural credit score societies (PACS) unfold throughout 11 states as a part of the federal government’s flagship ‘World’s Largest Grain Storage Plan’ in the cooperative sector.
Mr. Modi additionally laid the muse stone for an extra 500 PACS throughout the nation for the development of godowns and different agri infrastructure.
He additionally inaugurated a undertaking for computerisation of 18,000 PACS throughout the nation.
The goal behind these initiatives is to seamlessly combine PACS godowns with the meals grain provide chain, with a collaborative effort of NABARD and spearheaded by the National Cooperative Development Corporation (NCDC).
Addressing a gathering in New Delhi, the Prime Minister mentioned the cooperative sector is instrumental in shaping a resilient financial system and propelling the event of rural areas.
“Today we have launched the world’s largest storage scheme for our farmers. Under this, thousands of warehouses and thousands of godowns will be constructed across the country,” he mentioned.
He additionally urged the cooperative sector to assist India scale back its import dependence on agricultural merchandise, together with edible oils, and in addition fertilisers.
