STOCK MARKET BSE NSE

Telangana Collectors to identify vacant land for agricultural godowns

The State has entrusted the task to National Bank for Agriculture and Rural Development to prepare guidelines and submit report for taking further action.

Published: 16th September 2019 11:00 AM  |   Last Updated: 16th September 2019 11:00 AM   |  A+A-

Agriculture Minister Singireddy Niranjan Reddy

Agriculture Minister Singireddy Niranjan Reddy during a meeting with the officials on Saturday. Image used for representational purposes. (Photo | EPS)

By Express News Service

HYDERABAD: For establishing more modern agricultural godowns in mandals across the State for storing agricultural produce, Minister for Agriculture, Singireddy Niranjan Reddy said that State government has asked all the district collectors to identify suitable vacant land for constructing godowns.

Also, there is a proposal to set up cold storage facilities in the State. The State has entrusted the task to National Bank for Agriculture and Rural Development (NABARD) to prepare guidelines and submit report for taking further action.

When compared to other States in the country, Telangana has adequate godown facilities of 17,50,000 MT.

Answering a question raised by Balka Suman and other TRS members, Reddy said that before the formation of State, there were 176 godowns with capacity of 4,17,500 MT.

After the State’s formation, in the last five years, 345 godowns were sanctioned, of them, 331 are constructed with storage of 17,02,500 MT, and another 14 are under construction, having a capacity of 47,500 MT. The total cost of the project is Rs 1,024 crore.

These godowns are constructed with NABARD loans of Rs 972 crore, with State’s share of Rs 51.71 crore. The expenditure incurred so far is Rs 841 crore.

Stay up to date on all the latest Telangana news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp