Bizodisha Bueau, Bhubaneswar, June 25, 2015 : In a bid to bolster storage facilities at the grass root level, National Bank for Agriculture and Rural Development [NABARD] will fund Rs 920.55 crore towards construction of 3327 godowns and warehouses in Odisha.

The funding under Warehouse Infrastructure Fund (WIF): 2014-15 will cover 28 districts, a release from Nabard said Thursday.

Earlier, Odisha government had decided to develop the storage infrastructure requirement of 2687 Primary Agriculture Credit Societies (PAC) in 28 districts in a more holistic way.

The authorities also decided in principle to construct at least two godowns in identified PACS, one for grain storage and other one for storing fertilizer.

In toto, Nabard has so far sanctioned Rs 1077.39 crore to the State Government including Rs 156.84 crore sanctioned earlier under WIF for 398 new godowns, the release added.

Standard sizes for both fertilizer godowns and grain godowns have been considered at 100 MT and 300 MT respectively. These projects envisage creation of an additional storage capacity of 7,29,300 MT which would be used to store agriculture produces & other agri-inputs in the state, according to the release.