“Previous governments never paid due attention to this problem. But today through PACS, this problem is being addressed. Under the world’s largest food grain storage programme, 700 lakh tonne storage capacity will be created in the next five years. On this initiative more than Rs 1.25 lakh crore will be spent,” the prime minister said.With the creation of the huge storage facilities, Modi said farmers would be able to store their produce in the godowns/warehouses, get institutional credit against it, and sell their items when market prices are remunerative.He also asked cooperative organisations to work towards reducing imports of food items, including edible oils and pulses, and also fertilizers.Modi also emphasised on the importance of bringing transparency in the election system in cooperatives, saying this would encourage more participation of people in the cooperative movement.The prime minister talked about various initiatives taken by the government in the last 10 years for the growth of the cooperative sector as part of its vision of “Sahakar se Samridhi”, and specifically highlighted the creation of a specific ministry for the cooperative sector.
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