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Rural Godown Scheme or Gramin Bhandaran Yojana
About the scheme of Rural Godown Scheme or Gramin Bhandaran Yojana
the Government of India launched Rural Godown Scheme or Grameen Bhandaran Yojana on April 2001. It is well known that small farmers do not have the economic strength to retain produce with them till the market prices are favourable. A network of rural godowns will enable small farmers to enhance their holding capacity in order to sell their produce at remunerative prices and avoid distress sales.
Objectives of Gramin Bhandaran Yojana
- The main objectives of the scheme include the creation of scientific storage capacity with allied facilities in rural areas to meet the requirements of farmers for storing farm produce, processed farm produce, consumer articles, and agricultural inputs
- Promotion of grading, standardization, and quality control of agricultural produce to improve their marketability
- Prevention of distress sale immediately after harvest by providing the facility of pledge financing and marketing credit
- Strengthening agricultural marketing infrastructure in the country by paving way for the introduction of a national system of warehouse receipts in respect of agricultural commodities stored in such godowns and reversing the declining trend of investment in the agriculture sector by encouraging the private and cooperative sectors to invest in the creation of storage infrastructure in the country.
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