Budget 2020 proposes Kisan Rail in PPP mode for cold supply chain

Presenting her second Union Budget, Sitharaman announced a slew of measures for the benefit of farmers

Economic Survey 2019: Private investment in agriculture is falling
Press Trust of India New Delhi
1 min read Last Updated : Feb 01 2020 | 12:16 PM IST

Finance Minister Nirmala Sitharaman on Saturday proposed to set up Kisan Rail in public-private-partnership (PPP) mode for cold supply chain to transport perishable goods.

Presenting her second Union Budget, Sitharaman announced a slew of measures for the benefit of farmers.

"To build a seamless national cold supply chain for perishables, the Indian Railways will set up Kisan Rail through PPP model so that perishable goods can be transported quickly," she said.
 

ALSO READ: Budget Speech LIVE updates

She also said refrigerated parcel vans on select mail express and freight trains for carrying perishable cargo was also on the anvil.

Perishable goods like fruits, vegetables, dairy products, fish, meat need to be carried in such temperature controlled vans in order to travel long distances.

The proposal to use refrigerated parcel vans to ferry perishables was first announced by then railway minister Mamata Banerjee in the 2009-10 Budget, however, it has failed to take off.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Budget 2020agriculture in IndiaCold storage

First Published: Feb 01 2020 | 12:05 PM IST

Next Story