Punjab releases Rs 100 crore arrears of sugarcane farmers
Darpan News Desk IANS, 12 Aug, 2022 04:00 PM
Chandigarh, Aug 12 (IANS) Fulfilling a promise, the Punjab government on Friday said it has released Rs 100 crore for pending payments of sugarcane growers.
The amount was deposited in the accounts of the farmers.
An official statement quoting Chief Minister Bhagwant Mann said Rs 295.60 crore was the pending arrears of sugarcane farmers which had to be paid by the government and cooperative sugar mills in the state.
He said out of this Rs 100 crore was paid by the government on July 29. Mann said the remaining arrears were Rs 195.60 crores and he had promised the farmers that out of this, Rs 100 crore will be paid by August 15 and the remaining Rs 95.60 crore will be cleared by September 7.
Mann said the government released Rs 100 crore as payment to the farmers on Thursday.
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As per this policy, the royalty of Rs 2.40 per cubic feet will be the same as earlier. Revenue collected under the Information and Technology Department and weigh bridge head, which is 10 paise per cubic feet, will be deposited in the state exchequer instead of being retained by the contractor currently.