India News | Punjab CM Directs Procurement Agencies to Pay Pending Dues of Farmers
Get latest articles and stories on India at LatestLY. With the Reserve Bank of India on Wednesday sanctioning a Cash Credit Limit (CCL) amount of Rs 30,220.82 crore for procurement of paddy in the Kharif marketing season 2020-21 for the month of October, Punjab Chief Minister Captain Amarinder Singh has directed all procurement agencies to pay pending payments of farmers against the already procured grain within 24 hours.
Chandigarh (Punjab) [India], October 7 (ANI): With the Reserve Bank of India on Wednesday sanctioning a Cash Credit Limit (CCL) amount of Rs 30,220.82 crore for procurement of paddy in the Kharif marketing season 2020-21 for the month of October, Punjab Chief Minister Captain Amarinder Singh has directed all procurement agencies to pay pending payments of farmers against the already procured grain within 24 hours.
Disclosing this, an official spokesperson said the total expected amount of CCL required for the entire paddy procurement season is Rs 35,552 crore, of which Rs 30,220.82 crore has been released and the balance amount would be released as per the standard practice of revising the amount at the end of this month while sanctioning the CCL for November.
Also Read | Nav Tejaswini Yojana: Maharashtra Govt to Create Rs 523 Crore Fund for Scheme for Rural Women.
According to a press statement from Punjab Chief Minister's Office, expressing satisfaction at the pace of procurement, Captain Amarinder Singh has asked the Food and Civil Supplies Minister to ensure prompt lifting of the produce and release of payment to farmers within the stipulated timeframe of 72 hours for the procurement to be undertaken now.
The Chief Minister also expressed satisfaction with 15.6 LMT of paddy procured by various agencies till date. With 27.36 Lakh hectares of area under paddy cultivation, Punjab is targeting procurement of 171 Lakh Metric Tonnes in the ongoing season which began on September 27, said the spokesperson.
Also Read | Rajasthan Horror: 15-Year-Old Abducted, Gang-Raped in Barmer District.
Elaborate arrangements have been made by the government to ensure hassle-free and safe procurement amid COVID-19. The Punjab Mandi Board has already notified nearly 4000 Purchase Centres for seamless procurement of paddy, thus ensuring strict adherence to Covid safety protocols, the spokesperson added. (ANI)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)