Rs 26,700-cr cash credit released - Mandi Gobindgarh News

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Thursday, October 10, 2019

Rs 26,700-cr cash credit released


Rs 26,700-cr cash credit released

Tribune News Service

Chandigarh, October 9

Following Chief Minister Captain Amarinder Singh’s personal efforts, the Centre on Wednesday sanctioned cash credit limit (CCL) amount of Rs 26,707.50 crore for paddy procurement for the month of October.

Disclosing this, an official spokesperson said the amount had been released by the RBI towards credit limit till the end of October.

Capt Amarinder had been pursuing the issue of early release of CCL with the Centre to ensure timely payment to farmers against their crop.

Expressing satisfaction at the pace of procurement, the CM directed the Food Minister to ensure prompt lifting of the produce and release of payments to farmers within the stipulated timeframe.

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