Very few mills have come forward to take up the process of custom milling rice (CMR) following an unprecedented condition set by the State government to submit 10 percent of bank guarantee against the cost of grains in the district.
The Government Orders (126 and 127) said “candidates shall be permitted to submit bank guarantee for tuition fee of ensuing academic year within one month after closure of admissions”.
Procurement of stores from development partners, safeguarding of free issue material through insurance cover instead of bank guarantee (BG) are other facilitating measures adopted to help the industry.
