CURRENT AFFAIRS
CURRENT AFFAIRS
Description
India has initiated a landmark program aimed at revolutionizing rural agricultural logistics by launching the world’s largest grain storage initiative within the cooperative sector. This ambitious plan focuses on boosting storage capabilities at the grassroots level, primarily through Primary Agricultural Credit Societies (PACS), to tackle longstanding challenges such as crop wastage, post-harvest losses, and limited market access for farmers.
Background
Primary Agricultural Credit Societies (PACS) are key players in India's rural credit framework. However, most PACS operate without proper storage or processing infrastructure, limiting their effectiveness. To bridge this gap, the central government has rolled out a pilot phase of the storage initiative, with godowns already constructed in 11 PACS across 11 different states.
This Plan Matters
This nationwide initiative aims to:
Reduce post-harvest grain losses through localized, scientific storage facilities.
Improve farmers' income by minimizing their dependence on intermediaries.
Strengthen food supply chains in rural areas by developing cooperative-led storage solutions.
Enhance food security by decentralizing grain management systems.
By empowering PACS with modern infrastructure and digital tools, the initiative promotes efficient agri-logistics and ensures better market integration for rural producers.
Main Objectives
Build modern grain storage facilities at the PACS level across India.
Develop multipurpose cooperative societies, integrating sectors like dairy, fisheries, and agriculture.
Digitally upgrade PACS through computerization to enhance transparency and service delivery.
Expand PACS presence to cover all panchayats and villages within the next five years.
Key Components
Construction of godowns, custom hiring centers, food processing units, and Fair Price Shops, leveraging support from various central and state-level schemes.
Collaboration with institutions like NABARD, state governments, and union territories for smooth implementation.
Over 500 PACS have been shortlisted for godown development, with a completion target set for December 2026.
The government has sanctioned Rupees 2,925 crore for the computerization of existing functional PACS, streamlining their operations.
Expected Outcomes
Reduction in grain spoilage and improved storage efficiency.
Increased farmer empowerment through localized and cooperative storage options.
Job creation in rural areas, especially in agri-infrastructure development.
Promotion of self-reliant rural economies and robust cooperative governance models.
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