Over 125 lakh metric tonne wheat has been procured in Punjab thus far within the ongoing rabi advertising and marketing season. An quantity of Rs 21,472 crore has been paid to the farmers thus far, Chief Minister Amarinder Singh stated on Friday. “I am happy to share that despite the challenge of #COVID-19, we have procured more than 125 Lakh MT wheat till date and paid Rs 21,472 crore to our farmers,” Singh stated in a tweet.
He additional stated, “Our procurement agencies are working hard to ensure timely lifting and payment.”
A couple of days in the past, Punjab Food, Civil Supplies and Consumer Affairs Minister Bharat Bhushan Ashu had stated the state authorities is anticipating a complete arrival of 130 lakh tonne of crop.
Earlier, Reserve Bank of India (RBI) had prolonged the money credit score restrict (CCL) for Punjab for the continued wheat procurement season. The RBI had prolonged the CCL of Rs 2,953.46 crore until the top of May.
With this, the sanctioned restrict of Rs 21,658.73 crore had been enhanced to Rs 24,612.19 crore, a state authorities assertion had stated right here earlier.
