Current Affairs - Agriculture - Discussion

Madhya Pradesh has selected the Balaghat district selected as the pilot district for implementing the World’s Largest Grain Storage Plan in the cooperative sector. A 500 MT godown was inaugurated in February 2024 under this initiative. The plan is implemented through Primary Agricultural Credit Societies (PACS) and cooperative societies by converging schemes such as the Agriculture Infrastructure Fund (AIF), Agricultural Marketing Infrastructure (AMI), Sub-Mission on Agricultural Mechanisation (SMAM), and PMFME. Reforms include reducing the beneficiary margin from 20% to 10%, revising construction costs, and enhancing scientific storage capacity to reduce post-harvest losses and support farmers.