The RBI had prolonged the CCL of Rs 2,953.46 crore until the top of Could.
Over 125 lakh metric tonne wheat has been procured in Punjab up to now within the ongoing rabi advertising season. An quantity of Rs 21,472 crore has been paid to the farmers up to now, Chief Minister Amarinder Singh stated on Friday. “I’m pleased to share that regardless of the problem of #COVID-19, we now have procured greater than 125 Lakh MT wheat until date and paid Rs 21,472 crore to our farmers,” Singh stated in a tweet.
He additional stated, “Our procurement businesses are working laborious to make sure well timed lifting and cost.”
Just a few days in the past, Punjab Meals, Civil Provides and Client Affairs Minister Bharat Bhushan Ashu had stated the state authorities is anticipating a complete arrival of 130 lakh tonne of crop.
Earlier, Reserve Financial institution of India (RBI) had prolonged the money credit score restrict (CCL) for Punjab for the continuing wheat procurement season. The RBI had prolonged the CCL of Rs 2,953.46 crore until the top of Could.
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.
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