With wheat procurement set to commence on Saturday, Punjab — known as the food bowl of the country, is still awaiting the release of the Cash Credit limit (CCl) for the purchase of crop.
However, the other arrangements for the procurement of the winter crop in 1,830 mandis have been made, an official said.
“CCl has not been released yet but we are expecting it any day. The issue is pending with the Reserve Bank of India (RBI),” said a senior official of Punjab Food and Civil Supplies department said on Friday.
The wheat procurement for the Rabi Marketing season 2017-18 will start from Saturday with Punjab making arrangements for the smooth procurement of 125 lakh metric tonne of the crop.
The new Congress-led Punjab Government will face first procurement season after formation and has promised smooth and hassle-free procurement of the farmers’ produce.
Chief Minister Capt Amarinder Singh had met Union Finance Minister Arun Jaitley in Delhi on March 22 in connection with wheat procurement arrangements.
Capt Amarinder had sought immediate authorisation and release of `20,683 crore CCl from the Central Government for smooth and timely wheat procurement in the State. Jaitley had then assured Capt Amarinder that he would direct the RBI to ensure that all arrangements for wheat procurement in the state are in place by March 25.
A proposal seeking the CCl had already been sent to the RBI by the State Government.
Notably, previous SAD-BJP regime had faced wrath for the delay in the release of CCl on many occasions over the mismatch between value of physical stocks of foodgrain and money spent through CCl for buying wheat and paddy.
Meanwhile, an official of Punjab Food and Civil Supplies Department on Friday said, “We have made all the arrangements for the procurement of 125 lakh MT of wheat crop. Although the arrivals are expected lesser than 125 lakh MT.”
“Every grain of the farmer will be purchased,” he said.
last year, 108 lakh MT of wheat was purchased for the central pool.
The State Government had already directed all the Deputy Commissioners to personally monitor the procurement process and ensure smooth and hassle-free procurement of the farmers’ crop.
The State mandi board has been directed to provide all basic amenities and facilities in the mandis, in addition to smooth and timely payments.