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Odisha urges Centre to release Rs 3,654.41 cr for food subsidy

IANS  |  Bhubaneswar 

Naveen has requested the Centre for release of to the state for timely payment to farmers.

In a letter to Ram Vilas Paswan, wrote that Odisha's bill of Rs 3,654.41 crore was pending with the and Public Distribution (DFPD).

"It is a matter of concern that Odisha's subsidy bill amounting to Rs 3,654.41 crore (which includes the advance subsidy up to March 2019) is pending with the DFPD. Such a huge pendency is causing shortage of funds at the State Civil Supplies Corporation (OSCSC), which may hinder timely payment to farmers," he said.

The OSCSC, a state PSU, procures paddy on behalf of the government. It borrows money from banks to pay the cost of the paddy directly to the farmers.

While Rs 7,600 crore was paid to farmers last year, the payments this year have already crossed more than Rs 6,000 crore, informed

OSCSC is on the verge of reaching its credit limit, he added.

"To ensure adequate funds with the OSCSC for payment to farmers, it is essential that the DFPD regularly releases the to the government of Odisha," said the

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, February 08 2019. 16:10 IST
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