Godowns For Foodgrains

Government is implementing credit linked back-ended capital investment subsidy scheme of Construction/Renovation of Rural Godown with the objective of creating scientific storage capacity with allied facilities in rural areas to meet out various requirements of farmers for storing farm produce, processed farm produce, agricultural inputs etc.

Under the scheme, financial assistance up to 25% of capital cost of project is given to farmers, agriculture graduates, cooperatives, Central Warehousing Corporation/Stare Warehousing Corporation for construction of rural godowns. For North Eastern States/Hilly Areas, Scheduled Caste/Schedule Tribe entrepreneurs and women farmers, subsidy @ 33.33% is provided.

A capacity of 257.33 lakh MTs corresponding to 21888 rural godowns with subsidy of Rs.620.51 crores, have been sanctioned since the inception of the scheme i.e. 2001.

This information was given by Prof. K.V. Thomas, Minister of State for Agriculture, Consumer Affairs, Food and Public Distribution in written reply to a question in the Lok Sabha today.

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