RMCs' total funds stand at Rs623.77 cr

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A total of 66 Regulated Market Committees (RMCs) are operating across 30 districts of the State and the total fund position of these committees by October 31, 2014 stood at Rs623.77 crore. Cooperation Minister Damodar Rout informed this in the Assembly while replying to a question put by member Ashwini Kumar Patra on Wednesday.

Stating that there are a total of 54 main market yards and 429 sub-market yards operating under the RMCs, the Minister said the State Government has been making continuous efforts to provide required facilities like shelter sheds, drinking water and lavatories under the short-term plans. Similarly, e-marketing system, retail market, cold store and godown construction works are being taken up under the long-term plans.

The Minister said the RMCs meet their market operational expenses out of market fees and other fees collected by them and also keep the balance amount with them. The total fund position of these RMC’s was Rs632.77 crore as on October 31, 2014. Among them, the Attabira RMC in Bargarh district has highest funds of Rs48.22 crore  followed by Nabarangpur RMC (Rs46.19 crore), Subarnapur district’s  Dunguripalli RMC (Rs34.96 core), the Sambalpur RMC (Rs30 crore) and Baragarh RMC with Rs29.59 crore. The Pallahara RMC in Angul district has the lowest fund position with Rs9.81 lakh only.    

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