Home » National » NCDC has sanctioned as first installment amounting to Rs 19444 crores to the states of Chhattisgarh, Haryana, and Telangana

NCDC has sanctioned as first installment amounting to Rs 19444 crores to the states of Chhattisgarh, Haryana, and Telangana

Bhubaneswar:27/9/20: National Cooperative Development Corporation (NCDC) the apex financing organization of the Union Agriculture Ministry has sanctioned as first installment amounting to Rs 19444 crores to the states of Chhattisgarh, Haryana, and Telangana for Kharif paddy procurement under Minimum Support Price (MSP) operations. Chhattisgarh gets the highest amount to the tune of Rs 9000 crores. Haryana has been sanctioned Rs 5444 crores and Telangana Rs 5500 crores.

These amounts are supposed to assist the States or the State Marketing Federations in undertaking paddy procurement operations in a timely manner through their respective cooperative organizations. The timely step by NCDC will help the state agencies start procurement operations in the right earnest. It will provide the much-needed support to farmers to sell their produce at the government notified the minimum support price.

This proactive step by NCDC during the COVID pandemic will give the much needed financial support to farmers of this three-state who account for nearly 75% of the production of paddy in the country.

Speaking on the occasion, Managing Director, NCDC, Mr. Sundeep Nayak said, in response to the clarion call given by Hon’ble Prime Minister, NCDC was ready to assist more States in carrying out MSP operations for giving fair value to farmers in the light of historic farm-related legislations.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

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