Tuesday, August 14, 2012

Private Participation to Add Storage Capacity
The Government is not considering any proposal to involve private agencies for procurement of foodgrains. However, due to increased procurement of foodgrains and to reduce the storage under Cover and Plinth(CAP), the Government formulated the Private Entrepreneurs’ Guarantee(PEG) Scheme for construction of storage godowns through private entrepreneurs, Central Warehousing Corporation (CWC) and State Warehousing Corporations (SWCs). Under the Scheme, a capacity of about 181.08 lakh tonnes is being created in 19 States. For construction of the storage capacity under the Scheme, CWC/SWCs/State Government agencies are appointed as implementing agencies on behalf of FCI. This information was given by Prof. K.V. Thomas, Minister for Consumer Affairs Food and Public Distribution System in a written reply in Rajya Sabha today. 

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