Chennai:
Tamil Nadu will be one of the beneficiaries of the National
Bank for Agriculture and Rural Development (NABARD) sanctioned Rs 1,112 crore for creation of 1,336
warehouses in India.
A Nabard release stated that a recent Project Sanctioning
Committee of NABARD has sanctioned Rs 1,112 crore for state government and
state government corporations in Haryana, Kerala, Punjab, Gujarat, Tamil Nadu,
Tripura and West Bengal, which will create 7.5 lakh MT of additional storage
space.
Cumulatively, NABARD has sanctioned Rs 5,830 crore under
Rural Infrastructure / Warehousing Infrastructure Fund creating an additional
capacity of 16.3 million MT as against 35 million MT intended to be established
under 12th Five Year Plan, A NABARD release stated
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