Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

CM seeks PDS subsidy, interest

Updated: August 28th, 2019, 21:53 IST
in Home News, Metro
0
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

Bhubaneswar: Chief Minister Naveen Patnaik Wednesday once again demanded immediate release food subsidy dues amounting of `3,468 crore payable to the state by the Centre.

In a letter to Union Consumer Affairs, Food and Public Distribution Minister Ram Vilas Paswan, Naveen said, “Due to delay in release of subsidy, the Odisha State Civil Supplies Corporation (OSCSC) has incurred an outstanding liability of `2123 crore as receivable provisional subsidy by accumulation from the fiscal 2017-18. Further advance subsidy dues to the state for the quarter ending September is about `1345 crore.”

Also Read

‘Learning with childlike wonder and loving every moment,’ says astronaut Shubhanshu Shukla from spacecraft

1 hour ago
Indian Army

Security forces trap four JeM terrorists in Udhampur, J&K

2 hours ago

Stating that the delay in release of funds has led to increased bank borrowing and interest burden on the OSCSC, the Chief Minister pointed out and demanded that the Centre bear the interest burden.

The state government undertakes paddy procurement on behalf of the Centre through its agencies. Odisha which is a decentralised procurement state since 2003-04, meets its requirements under targeted Public Distribution System (PDS) and other welfare schemes being run in the state as per allocations made by the Centre. The state contributes the remaining balance of rice to the Central pool.

As per the agreement between the state and the Centre, it is mandatory that the anticipated cost will be released in the form of advance subsidy at 90 per cent of admissible claim on quarterly basis in the first month of each quarter. Further, the state government/designated agency shall be paid quarterly provisional subsidy on deduction of the advanced amount.

However, the Centre has not released advance and provisional subsidy to Odisha regularly, though the state furnishes utilisation certificates in respect of the preceding period while submitting claims of advance subsidy at the start of each quarter, he said in the letter.

Seeking personal intervention of Paswan, the Chief Minister demanded early and one-time clearance of all the dues and interest incurred due to delay in  releasing the fund.

Tags: Food subsidyNaveen PatnaikOSCSCPADDY PROCUREMENTRam Vilas Paswan
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

slide 2 to 4 of 30
#MyPaperBagChallenge

Bijswajit Pradhan

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Sisirkumar Maharana

December 12, 2019
#MyPaperBagChallenge

Chinmay Kumar Routray

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Sitakanta Mohanty

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Rajashree Pravati Mohanty

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
#MyPaperBagChallenge

Debasis Mohanty

December 12, 2019
#MyPaperBagChallenge

Jhili Jena

December 12, 2019
#MyPaperBagChallenge

Diptiranjan Biswal

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Sarfraz Ahmad

December 12, 2019
#MyPaperBagChallenge

Ankita Balabantray

December 12, 2019
#MyPaperBagChallenge

D Rama Rao

December 12, 2019
#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019
#MyPaperBagChallenge

Amritansh Mishra

December 12, 2019
#MyPaperBagChallenge

Tabish Maaz

December 12, 2019
#MyPaperBagChallenge

Sipra Mishra

December 12, 2019
#MyPaperBagChallenge

Swarit Praharaj

December 12, 2019
#MyPaperBagChallenge

Adrita Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Saishree Satyarupa

December 12, 2019
#MyPaperBagChallenge

Priyasha Pradhan

December 12, 2019
#MyPaperBagChallenge

Kamana Singh

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019
#MyPaperBagChallenge

Bijswajit Pradhan

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Sisirkumar Maharana

December 12, 2019

Archives

Select Month

    Editorial

    Let Them Be

    NEET
    June 25, 2025

    A17-year-old girl was beaten to death by her father for not getting good score in a mock test for the...

    Read more

    Talking Shop

    G7 summit in Alberta
    June 24, 2025

    Normally, negatives do not make headlines. But, at times, they do. The recently concluded G7 summit in Alberta, Canada, turned...

    Read more

    Unending War

    US-Iran
    June 23, 2025

    Last week, when a reporter asked US President Donald Trump whether America would enter the war on Iran with close...

    Read more

    Shouldering Arms

    June 22, 2025

    India has taken it as its responsibility to bring the Voice of the Global South (henceforth VoGS) to the world...

    Read more
    • Home
    • State
    • Metro
    • National
    • International
    • Business
    • Editorial
    • Opinion
    • Sports
    • About Us
    • Advertise
    • Contact Us
    • Jobs
    Developed By Ratna Technology

    © 2024 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2024 All rights Reserved by OrissaPOST

      • News in Odia
      • Orissa POST Epaper
      • Video
      • Home
      • Trending
      • Metro
      • State
      • Odisha Special
      • National
      • International
      • Sports
      • Business
      • Editorial
      • Entertainment
      • Horoscope
      • Careers
      • Feature
      • Today’s Pic
      • Opinion
      • Sci-Tech
      • About Us
      • Contact Us
      • Jobs

      © 2024 All rights Reserved by OrissaPOST