Markets and Trade
AreaIndia
Commodity GroupGrains
CommodityGrains
Date23/05/2023
Policy CategoryStocks
Policy InstrumentGovernment intervention
DescriptionApproved a new grain storage programme worth around INR 1 trillion (USD 12 billion), in an effort to boost warehouse capacity. The programme aims to increase India’s storage capacity by 70 million tonnes, bringing the total to 215 million tonnes within the next five years.