As many as 89 rice mills in Telangana allegedly diverted 3.72 lakh metric tonnes of paddy worth Rs 927.16 crore under the Custom Milling Rice process. Officials have recovered over Rs 700 crore and registered 28 criminal cases against millers.
Former Khanapur MLA Ajmeera Rekha Naik has been booked over alleged misappropriation of paddy allocated under the Custom Milling Rice process. Officials found a deficit of 9,639 metric tonnes of paddy at her mill, valued at Rs 40.96 crore.
Two rice millers were arrested in Peddapalli for allegedly defaulting on 6,662 metric tonnes of CMR rice worth Rs 24.18 crore. Police said the millers had received 10,015 metric tonnes of paddy but returned only 1,577 metric tonnes.
Despite the government's assurance to keep paddy procurement centres open until January, the arrivals in the market over the past week have averaged between 50,000 to 60,000 tonnes per day. This is significantly lower than expected. Private traders and millers have been active in the market, mainly focusing on fine varieties, which has further impacted the government's procurement efforts.
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.
A total of 24,197 metric tonnes of paddy grains produced in the Vanakalam season-2023 was handed over to millers expecting 16,211 metric tonnes of rice to be returned by May 15 this year.
Hyderabad: Telangana State Civil Supplies Corporation (TSCSC) chairman Mareddy Srinivas Reddy directed the officials to take measures to overcome challenges faced in handing over Custom Milling Rice (CMR) to the Food Corporation of India (FCI). He said the longer the delay in handing over the CMR, the greater the financial burden on the Corporation and […]
Hyderabad: Chief Minister K Chandrashekhar Rao’s sustained efforts resulted in the Food Corporation of India (FCI) agreeing to procure additional 20 lakh tonnes of parboiled rice from the Yasansi season, Civil Supplies Corporation Chairman M Srinivas Reddy said on Thursday. Srinivas Reddy and rice millers thanked the Chief Minister for his intervention and making FCI […]
