{"id":245816,"date":"2023-06-01T20:01:59","date_gmt":"2023-06-01T14:31:59","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=245816"},"modified":"2023-06-24T19:35:12","modified_gmt":"2023-06-24T14:05:12","slug":"cabinet-approves-constitution-and-empowerment-of-an-inter-ministerial-committee-imc-for-facilitation-of-worlds-largest-grain-storage-plan-in-cooperative-sector","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/cabinet-approves-constitution-and-empowerment-of-an-inter-ministerial-committee-imc-for-facilitation-of-worlds-largest-grain-storage-plan-in-cooperative-sector\/","title":{"rendered":"Cabinet approves Constitution and Empowerment of an Inter-Ministerial Committee (IMC) for Facilitation of \u201cWorld\u2019s Largest Grain Storage Plan in Cooperative Sector&#8221;"},"content":{"rendered":"\n<p><b>Source:\u00a0<\/b>The post is based on the following articles<b> <\/b><\/p>\n<p><b>\u201cCabinet approves Constitution and Empowerment of an Inter-Ministerial Committee (IMC) for Facilitation of \u201cWorld\u2019s Largest Grain Storage Plan in Cooperative Sector&#8221;\u201d<\/b> published in\u00a0the <b>PIB <\/b>on <strong>31s<\/strong><b>t May 2023<\/b><\/p>\n<p><b>\u201cWorld\u2019s largest grain storage plan: Centre to implement pilot project in 10 districts\u201d<\/b> published in <b>The Hindu <\/b>on <strong>1s<\/strong><b>t June 2023<\/b><\/p>\n<h2><span id=\"What_is_the_News\">What is the News?<\/span><\/h2>\n<p>Union Cabinet has approved the constitution and empowerment of an Inter-Ministerial Committee (IMC) for the facilitation of the \u201cWorld\u2019s Largest Grain Storage Plan in Cooperative Sector.\u201d<\/p>\n<h2>About the IMC for World\u2019s Largest Grain Storage Plan in Cooperative Sector<\/h2>\n<p><strong>Chairman<\/strong>: IMC will be constituted under the <strong>Chairmanship of the Minister of Cooperation<\/strong>. Other Ministers will be part of the IMC.<\/p>\n<p><strong>Aim<\/strong>: <strong>a)<\/strong> To facilitate the \u2018World\u2019s Largest Grain Storage Plan in the Cooperative Sector.\u2019 <strong>b)<\/strong> To address the shortage of agricultural storage infrastructure in the country by creating infrastructure such as godowns, etc. for Agriculture and Allied purposes, at selected \u2018viable\u2019 <strong><a href=\"https:\/\/forumias.com\/blog\/primary-agricultural-credit-societies-pacs\/\">Primary Agricultural Credit Societies (PACS)<\/a><\/strong>.<\/p>\n<p><strong>Mode of work<\/strong>: The IMC will <strong>work on the convergence of various schemes <\/strong>of Ministry of Agriculture and Farmers Welfare, Ministry of Consumer Affairs, Food and Public Distribution and Ministry of Food Processing Industries.<\/p>\n<p><strong>Implementing strategy<\/strong>: Ministry of Cooperation will implement a pilot project in at least 10 selected Districts of different States\/ UTs in the country.<\/p>\n<h2>What are the benefits of creating the World\u2019s Largest Grain Storage Plan?<\/h2>\n<p>The creation of decentralized storage capacity will <strong>reduce food grain wastage<\/strong> and <strong>strengthen food security<\/strong> of the country.<\/p>\n<p>It would <strong>prevent distress sale of crops<\/strong> by providing various options to the farmers. This\u00a0enable the farmers to realise better prices for their produce.<\/p>\n<p>It will <strong>reduce the cost incurred in the transportation<\/strong> of food grains to procurement centres and again transporting the stocks back from warehouses to FPS.<\/p>\n<p>The Plan would <strong>strengthen PACS<\/strong> by enabling them to diversify their business activities, thus enhancing the incomes of the farmer members as well.<\/p>\n<p><strong>Host of other benefits<\/strong>: The plan will address not just the shortage of agricultural storage infrastructure, but also enable PACS to undertake various other activities. Such as, <strong>a)<\/strong> Can function as Procurement centres for State Agencies\/ Food Corporation of India (FCI), <strong>b)<\/strong> Can serve as Fair Price Shops (FPS), <strong>c)<\/strong> Can set up custom hiring centres, and <strong>d)\u00a0<\/strong>Can set up common processing units.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source:\u00a0The post is based on the following articles \u201cCabinet approves Constitution and Empowerment of an Inter-Ministerial Committee (IMC) for Facilitation of \u201cWorld\u2019s Largest Grain Storage Plan in Cooperative Sector&#8221;\u201d published in\u00a0the PIB on 31st May 2023 \u201cWorld\u2019s largest grain storage plan: Centre to implement pilot project in 10 districts\u201d published in The Hindu on 1st&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/cabinet-approves-constitution-and-empowerment-of-an-inter-ministerial-committee-imc-for-facilitation-of-worlds-largest-grain-storage-plan-in-cooperative-sector\/\">Continue reading <span class=\"screen-reader-text\">Cabinet approves Constitution and Empowerment of an Inter-Ministerial Committee (IMC) for Facilitation of \u201cWorld\u2019s Largest Grain Storage Plan in Cooperative Sector&#8221;<\/span><\/a><\/p>\n","protected":false},"author":10311,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,3127,9],"tags":[3590,10498],"class_list":["post-245816","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-economy","category-public","tag-pib","tag-the-hindu","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/245816","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10311"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=245816"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/245816\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=245816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=245816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=245816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}