Despite mandatory bank guarantees introduced for participation in CMR operations, over one-third of the 3,500 millers have yet to reconcile with these requirements
The millers have made it clear that they are not prepared to provide bank guarantees, with some even threatening to boycott the operations entirely if the policy is enforced.
Hyderabad: Telangana’s impressive march on the growth path could face speed-breakers if the BJP government at the Centre has its way in turning down the State’s repeated pleas to allow it to raise funds through Open Market Borrowings (OMBs). The Centre has, so far, held back giving its nod to Telangana to take the OMB […]
Hyderabad: Telangana State Civil Supplies Corporation (TSCSC) chairman M Srinivas Reddy urged Union Tourism Minister G Kishan Reddy to desist from making illogical comments over paddy procurement. He wanted the Union Tourism Minister to convince the Centre to procure entire paddy produced in the State and prove his commitment towards the welfare of farmers in […]
Hyderabad: For fourth consecutive season, the State government will procure entire paddy produced in the State during the ensuing Vaanakalam 2021-22 season. The Telangana State Civil Supplies Corporation, which is the nodal agency for paddy procurement, has been instructed to procure the season’s entire paddy production of an estimated 1.34 crore tonnes. The State government […]
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 […]
Nalgonda topped the districts in paddy procurement having bought 7.83 lakh tonnes, followed by Nizamabad at 7.55 lakh tonnes and Suryapet 6.49 lakh tonnes
