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.
*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

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

Next Story