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AP: Rs 1000 Cr released for payment of paddy purchase arrears

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On the initiative of Andhra Pradesh Chief Minister YS Jagan Mohan Reddy, the Andhra Pradesh Finance Ministry today released Rs 1,000 crore for the purchase of paddy arrears purchased through the Civil Supplies Corporation.

To this extent the Civil Supplies Agency provided funding. The funds were provided to the State Civil Supplies Agency for the payment of arrears of more than 15 days due for paddy purchased from farmers.

Mr. Kona Shashidhar Civil Supplies Commissioner said the money was deposited in banks to be credited directly to farmers’ accounts. He said the remaining arrears would also be paid soon in view of the welfare of the farmers.

He said the government would take all possible steps to ensure that the paddy to be purchased is procured in full from the farmers and the support price fixed by the government to the farmer.

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