Warehousing need to outpace foodgrain production, calling for robust storage systems: Ramesh Chand

Ramesh Chand, Member, NITI Aayog, said on Thursday that warehousing requirements will far outpace foodgrain production growth, making it crucial to prioritise the quality of storage infrastructure. Warehousing is essential for sustaining buffer stocks and ensuring both inter-year and intra-year price stability in food, an area that accounts for a major share of household spending, added Chand at a PHDCCI event in Delhi.

Chand noted that while India is entering a phase of greater food abundance, which can reduce incentives for careful handling,…