Saturday, Jan 28, 2023
English News
  • Hyderabad
  • Telangana
  • Andhra Pradesh
  • India
  • World
  • Entertainment
  • Science and Tech
  • Sport
  • Business
  • ...
    • NRI
    • View Point
    • cartoon
    • Columns
    • Reviews
    • Education Today
    • Property
    • Videos
    • Lifestyle
    • Rewind
E-Paper
  • NRI
  • View Point
  • cartoon
  • Columns
  • Reviews
  • Education Today
  • Property
  • Videos
  • Lifestyle
  • Rewind
Home | Business | Govt Plans To Create World Class Storage System

Govt plans to create world-class storage system

Around 161 CWC warehouses have already been registered and the remaining 178 will be done by March 31, the official added.

By IANS
Published Date - 02:30 PM, Fri - 5 March 21
Govt plans to create world-class storage system
Representational Image

New Delhi: In an effort to strengthen post-harvest supply chain across the country and ensure better returns to the farmers in a big way, the central government is working on a comprehensive plan of creating a world class storage system and standardization of warehouses complying with the requirements of the Warehousing Development and Regulation Authority (WDRA).

A sure and silent change is sweeping the country which is going to help the farmers in a big way and these changes will not only strengthen post-harvest supply chain but will also improve the returns to farmers in many ways, said sources in the Food Ministry.

Department of Food & Public Distribution has pushed for an ambitious plan through Food Corporation of India (FCI) for the development of about 100 silos with capacity of 35.875 LMT (Lakh Metric Tonnes), which will be road fed and will work on ‘Hub and Spoke’ model. A road map of the same is already in place and work has started in all sincerity, said the sources.

Hub and Spoke model will be efficient and complexities related to land acquisition for rail siding silos are bypassed since road fed silos, near to procurement areas will help in direct bulk grain procurement from farmers, reduced turn-around times for farmers and quick intake and offtake of food grains.

Incentives at various stages of the project have been incorporated in the bid documents for Hub and Spoke to attract private investment. These in-build incentives shall incentivise the Concessionaire to expedite project implementation in an efficient manner.

A world class storage system in the country would need standardization of all the warehouses under various undertakings and an integrated warehouse management.

In an endeavour to ensure high standards of warehouse construction and maintenance, registration of all warehouses of Central Warehousing Corporation (CWC) and Food Corporation of India (FCI) with the WDRA has already commenced with the deadline of April 30 for completion of registration, said a senior official.

Around 161 CWC warehouses have already been registered and the remaining 178 will be done by March 31, the official added.

Registration fees, security deposit and net worth conditions have been reduced for warehouses and staggered slabs, linked to capacity introduced to promote registration for small farmers, cooperatives, small warehouses businesses etc.

  • Follow Us :
  • Tags
  • Central Warehousing Corporation
  • CWC warehouses
  • Food Corporation of India
  • Warehousing Development

Related News

  • Telangana: FCI extends deadline for supply of custom milled rice

    Telangana: FCI extends deadline for supply of custom milled rice

  • CPI (M) demands FCI to commence paddy procurement in Telangana

    CPI (M) demands FCI to commence paddy procurement in Telangana

  • FCI should procure rice from millers: Jagadish Reddy

    FCI should procure rice from millers: Jagadish Reddy

  • Centre permits Telangana to deposit 6.05 lakh metric tonnes of parboiled rice with FCI

    Centre permits Telangana to deposit 6.05 lakh metric tonnes of parboiled rice with FCI

  • Telangana can deposit 6.05 LMT of fortified parboiled rice with FCI

    Telangana can deposit 6.05 LMT of fortified parboiled rice with FCI

  • FCI inespections of rice mills delaying paddy procurement: Harish Rao

    FCI inespections of rice mills delaying paddy procurement: Harish Rao

Latest News

  • BharatPe paid Rs 1.69 cr salary to Ashneer in FY22, Rs 63 lakh to his wife

    7 mins ago
  • Twitter will take ‘less severe action’ against accounts that break rules

    22 mins ago
  • Complaint against RSS chief for outraging religious sentiments of Hindus

    38 mins ago
  • PM Modi in Rajasthan, will offer prayers at Malaseri Dungri

    53 mins ago
  • “Stay away from politics,” Kangana Ranaut warns Bollywood over usage of “triumph over hate”

    1 hour ago
  • Man City beat Arsenal 1-0 to reach FA Cup fifth round

    1 hour ago
  • Kharge writes to Shah, seeks his intervention in ensuring adequate security for Bharat Jodo Yatra in J-K 

    1 hour ago
  • Suzuki to use cow dung for its CNG cars, signs MoU with National Dairy Development Board

    1 hour ago

company

  • Home
  • About Us
  • Contact Us

business

  • Subscribe

telangana today

  • Telangana
  • Hyderabad
  • Latest News
  • Entertainment
  • World
  • Andhra Pradesh
  • Science & Tech
  • Sport

follow us

© Copyrights 2022 TELANGANA PUBLICATIONS PVT. LTD. All rights reserved. Powered by Veegam