Union Government sanctions 30 cold storage projects chain with Rs 725 crore outlay

Union Government has sanctioned proposals for setting up 30 new cold storage projects chain in the country with a total investment of 724.9 crore rupees.
It was announced by Union Food Processing Minister Harsimrat Badal in New Delhi. For this project Union Food Processing Ministry will provide grant of 274.9 crore rupees.
Key Facts

• These projects will play important role in reducing the wastage of food in the country.
• The total capacity of these projects will be around 1.12 lakh tonnes of cold storage and 11.10 lakh litres of milk storage per day.
• It will also attract an additional investment of 470 crore rupees and result in addition of 209 refrigerated container vehicles.

These sanctioned projects are part of 138 integrated cold chain projects which were approved by the Union government. Currently 108 approved projects are under implementation and 52 projects have been completed and are operational.
Once all these 138 cold chain projects become operational, it will add total 4.76 lakh tonnes of storage capacity in the country along with 118 lakh litres per day milk processing capacity and 810 reefer vehicles.

Month: Current Affairs - May, 2015