India’s Planning Commission and Food Ministry are building silos to store 2 million tonnes of grain. The government will provide 20% viability gap funding, while private parties and the Food Corporation of India will fund the rest of the construction. Companies funding the project will be provided with concessions for the next 20 years. The land used for the silos will also be provided by the government on nominal lease rent.
Work on to Create 2 mt Silos
on December 16, 2011