NABARD is giving the amount to the state government as loan to set up the store houses under the Warehousing Infrastructure Fund of the Rural Infrastructure Development Fund (RIDF).
The storage capacity of food grains is 62,000 metric tonne in 2010-11. At present, it has increased to around 6.10 lakh metric tonne with several steps being taken by the state government in the past six years that will further increase with the setting up of the upcoming store houses.
In a bid to increase the storage capacity of food grains, West Bengal government has decided to develop 23 modern storage facilities in the districts. The storage facilities will be set up by state co-operation department.
The 23 store houses will be developed at a cost of Rs 240 crore and each of the store houses will be of a capacity of 10,000 metric tonne. With the construction of the store houses by the cooperation department, there will be an increase in the storage capacity by 2.3 ..
The store houses will be developed on the land owned by the department and there would be requirement of around three acres to set up each of the store houses. The land will also be identified soon.
The state co-operation department has also set a target of procuring 30 lakh metric tonne paddy through co-operative societies in the current procurement year..