Don’t miss the latest developments in business and finance.

MP builds six ultra modern silos to store 4-lakh MT grain

Image
Press Trust of India Bhopal
Last Updated : Aug 03 2015 | 7:57 PM IST
Madhya Pradesh is building steel silos to minimise the storage loss of food grains and till now six ultra modern granaries have been built with a total capacity of four lakh metric tonnes.
Steel silos have been built at Bhopal, Indore, Sehore, Dewas, Ujjain and Vidisha, while construction is in final stage in Satna, Harda and Hoshangabad.
"So far, 4 lakh MT silo storage capacity has been created," a government spokesperson said here today.
Foodgrains can be stored safely for three years in these silos. Also, no gunny bags are required as the food grains can be deposited directly.
The state gives a 10-year commercial guarantee to the private entities which invest in such silos.
The scheme, aimed at minimising the storage losses, is in operation for the last three years.
The total investment in these silos at nine places is about Rs 270 crore, the official said.

Also Read

First Published: Aug 03 2015 | 7:57 PM IST

Next Story