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Nabard earmarks Rs 2,000 crore for warehousing

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Press Trust Of India

National Bank for Agriculture and Rural Development on Tuesday said it had earmarked Rs 2,000 crore for building warehouses to help facilitate distribution of foodgrain under the proposed Food Security Act.

“Under the Rural Infrastructure Development Fund, we have proposed to provide funds to the tune of Rs 2,000 crore exclusively for construction of scientific godowns across the country in this financial year,” executive director S K Mitra told reporters here today.

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First Published: Dec 21 2011 | 12:42 AM IST

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