Relief for millers, govt slashes levy security - Mandi Gobindgarh News

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Thursday, October 10, 2019

Relief for millers, govt slashes levy security


Relief for millers, govt slashes levy security

Tribune News Service

Chandigarh, October 9

Food, Civil Supplies and Consumer Affairs Minister Bharat Bhushan Ashu today said to save the farmers from any harassment and keeping in mind genuine demands of rice millers, the government had decided to slash levy security of Rs 10 lakh (Rs 5 lakh refundable plus Rs 5 lakh non-refundable) to Rs 7.25 lakh refundable levy security. He said the move would bring respite to the millers. “The bank guarantee shall be applicable only to millers for quantum of paddy stored over and above 5,000 MT instead of 4,000 MT,” he said.

The minister today chaired a meeting which was attended by Rural Development and Panchayats Minister Tript Rajinder Singh Bajwa and prominent rice millers of the state.

He said the millers who applied before October 10, would be allotted paddy on priority and without pro-rata cut, the quantum of the release orders of those millers would also be increased. He said those rice mills that had opened last year and the year before would be treated as old mills.

“Due to shortage of space, if the miller is not able to deliver rice, he would not have to pay any interest,” said Ashu, adding that to waive interest on quality cut, a case had already been forwarded to the Finance Department.

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