27 march 2025 Current Affairs
World’s Largest Grain Storage Plan in Cooperative Sector Syllabus: Georaphy/Economy Why in News? On May 31, 2023, the Government approved the World’s Largest Grain Storage Plan in the Cooperative Sector, set to be implemented as a Pilot Project. This initiative aims to develop agricultural infrastructure at the Primary Agricultural Credit Societies (PACS) level, including: Construction of godowns Establishment of custom hiring centers Setting up of processing units The project integrates various existing Government of India (GoI) schemes, such as: Agriculture Infrastructure Fund (AIF) Agricultural Marketing Infrastructure Scheme (AMI) Sub Mission on Agricultural Mechanization (SMAM) Pradhan Mantri Formalization of Micro Food Processing Enterprises Scheme (PMFME) Progress of the Pilot Project Under the Pilot Project, godowns have been constructed in 11 PACS across 11 States, with a total storage capacity of 9,750 Metric Tons (MT). State-wise Details of Completed Godowns S.No State District Name of PACS Capacity (MT) 1. Maharashtra Amravati Neripanglai Vividh Karyakari Sahakari Sanstha 3,000 2. Uttar Pradesh Mirzapur Bahudeshiya Prathamik Grameen Sahakari Samiti Limited, Kotwa Panday 1,500 3. Madhya Pradesh Balaghat Bahudeshiya Prathamik Krishi Saakh Sahakari Society Maryadit, Parswada 500 4. Gujarat Ahmedabad The Chandranagar Group Seva Sahakari Mandli Limited 750 5. Tamil Nadu Theni Silamarathupatti Primary Agriculture Credit Society 1,000 6. Rajasthan Sri Ganganagar Ghumudwali Gram Seva Sahakari Samiti Limited 250 7. Telangana Karimnagar Primary Agriculture Credit Society Limited, Gambhiropet 500 8. Karnataka Bidar Primary Agriculture Cooperative Federation Limited, Ekamba 1,000 9. Tripura Gomati Khilpara Primary Agriculture Credit Society Limited 250 10. Assam Kamrup 2 No. Pub Bongshar G.P.S.S Limited 500 11. Uttarakhand Dehradun Bahudeshiya Kisan Seva Sahakari Samiti Limited, Sahaspur 500 Total 9,750 Additionally, foundation stones have been laid for 500 additional PACS godowns under the Pilot Project, with a total of 575 PACS identified for implementation across various States/UTs. Expansion and Future Goals The Ministry of Cooperation aims to establish and strengthen 2 lakh multipurpose PACS, Dairy, and Fishery Cooperative Societies across all panchayats and villages in the country. To guide this process, a Margdarshika (Standard Operating Procedure) has been introduced. In Karnataka, 128 PACS have been established against a target of 218 PACS to be formed by FY 2028-29. Impact of the World’s Largest Grain Storage Plan Decentralized Storage Capacity: 9,750 MT of storage capacity has been created at the PACS level. Reduction in Food Grain Wastage: Prevents post-harvest losses by ensuring adequate storage facilities. Strengthening of Food Security: Ensures better storage and distribution of food grains to enhance national food security. Preventing Distress Sales: Farmers can store their produce and sell it at better prices rather than being forced into distress sales. Cost Reduction in Transportation: Since PACS can function as both procurement centers and Fair Price Shops (FPS), transportation costs are reduced. Avoids the need to transport grains from procurement centers to warehouses and back to FPS. This initiative marks a major milestone in strengthening the cooperative sector and enhancing agricultural infrastructure across India. Consider the following statements regarding the “World’s Largest Grain Storage Plan in the Cooperative Sector”: It is being implemented exclusively under the Agriculture Infrastructure Fund (AIF). The plan aims to develop agri-infrastructure at the Primary Agricultural Credit Societies (PACS) level. One of the objectives of the plan is to enable PACS to operate as procurement centers as well as Fair Price Shops (FPS). Which of the statements given above is/are correct?(a) 1 and 2 only(b) 2 and 3 only(c) 1 and 3 only(d) 1, 2, and 3 Answer: (b) 2 and 3 only Explanation: Statement 1 is incorrect: The plan is not implemented exclusively under AIF; rather, it converges multiple schemes like Agriculture Infrastructure Fund (AIF), Agricultural Marketing Infrastructure Scheme (AMI), Sub Mission on Agricultural Mechanization (SMAM), and Pradhan Mantri Formalization of Micro Food Processing Enterprises Scheme (PMFME). Statement 2 is correct: The plan focuses on strengthening PACS by developing godowns, custom hiring centers, and processing units. Statement 3 is correct: The initiative allows PACS to function as procurement centers and Fair Price Shops (FPS), reducing transportation costs and logistical challenges. 3rd Session of India-Uganda Joint Trade Committee held in New Delhi Syllabus: IR The Third Session of the India-Uganda Joint Trade Committee (JTC) was held in New Delhi on 25th-26th March 2025, marking a significant step in reinforcing trade relations between the two nations after a gap of 23 years. Both sides conducted a comprehensive review of bilateral trade and acknowledged that the current trade volume does not fully reflect the economic potential of their partnership. To address this, both countries committed to enhancing, deepening, and diversifying trade relations. A key outcome of the discussions was the proposal to establish an India-Uganda Joint Business Forum to promote direct engagement between business leaders from both nations. Key Areas of Cooperation India and Uganda identified priority sectors to expand trade and investment, including: Agriculture & Allied Sectors: Coffee, cocoa products, pulses, spices, dairy products, fruits, and vegetables. Minerals & Resources: Rare Earth Elements (REE), mining, petrochemicals, and residual chemical products. Manufacturing & Industrial Growth: Plastic raw materials, essential oils, and allied products. Technology & Infrastructure: Digital infrastructure, banking, MSME growth, solar energy, rural electrification, and electric vehicles. Healthcare & Pharmaceuticals: Strengthening cooperation in health services, traditional medicine, and telemedicine. Both sides also agreed to explore and formalize Memorandums of Understanding (MoUs) in Public Works, Infrastructure Development, Agriculture, Traditional Medicine, and Standardization. Additionally, discussions were held on recognizing the Indian Pharmacopoeia to facilitate pharmaceutical trade. High-Level Participation The Indian delegation was led by Additional Secretary, Department of Commerce, Shri Ajay Bhadoo, who highlighted the strong economic partnership between the two nations and emphasized opportunities in e-commerce, pharmaceuticals, MSME cluster development, and renewable energy. The Ugandan delegation was headed by Elly Kamahungye Kafeero, Head of International Political Cooperation Department, Ministry of Foreign Affairs, Uganda, accompanied by Amb. Prof. Joyce Kikafunda Kakuramatsi, Uganda’s High Commissioner to India, and a 28-member delegation representing various ministries and Uganda’s Mission in India. The discussions were conducted in a cordial and cooperative