Tuesday, May 21, 2024

Punjab asks Centre to set up panel to review Rs 31000 cr debt

Date:

New Delhi, Aug 22: The Congress-led Punjab government on Tuesday demanded that the Centre set up a review panel to settle 31000 cr debt incurred for foodgrain procurement during the previous Akali Dal-BJP regime.

31,000 cr debt
The debt burden and other grain procurement related issues were raised by Punjab Chief Minister Amarinder Singh at a meeting with Union Food Minister Ram Vilas Paswan here.

“Earlier, the Jha committee had given suggestions to address the debt matter. All issues were sorted out then. The CM wants a separate committee to review it again. We will discuss with finance ministry officials,” Paswan told reporters after the meeting.

The state pointed to difficulties to service the debt as the annual interest burden is about Rs 3,240 crore. It wants waiver of interest rate and even the Centre’s help in clearing the debt.

Singh is also keen that the Centre should clear pending bills and make timely payments for foodgrains procured for the central pool with retrospective effect according to the Jha committee recommendation.

He requested the central government to revise charges of gunny bags for procured paddy packing at Rs 24 per quintal for the current year or exempt the use of such old bags.

The CM said the state will harvest a record 182 lakh tonnes of rice in the current 2017-18 crop year (July-June) and is getting ready for procurement.

“These were the 3-4 issues. All have been sorted out. We are getting full support from the Centre,” the Singh added.

News Source: https://www.outlookindia.com

Discussions

Discussions

Punjabi Khurki
Punjabi Khurki
Punjab is no longer just a state but a State of Mind: A way to live!! ...So Let's Burrraaah with Punjabi Khurki!

Share post:

Subscribe

Advertisementspot_img
Advertisementspot_img

Popular

More like this
Related

The Journey of Advocacy for Better Communities Foundation

Calgary, Alberta, April 26: In the bustling city of...

ED chief Sanjay Mishra gets tenure extension from SC till September 15

New Delhi, July 27: The Supreme Court on Thursday...

Patiala tops list of villages hit by recent floods; 27,286 evacuations carried out

Chandigarh, July 27: The State Government machinery has been...

Mann slams Modi govt, seeks President’s Rule in Manipur

New Delhi/ Chandigarh, July 27: Punjab Chief Minister Bhagwant...