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LATEST NEWS UPDATES | Bengal's cash-less agrarian revolution: To pay support price for rice directly into bank a/c -Tamal Sengupta

Bengal's cash-less agrarian revolution: To pay support price for rice directly into bank a/c -Tamal Sengupta

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published Published on Dec 8, 2016   modified Modified on Dec 8, 2016
-The Economic Times

KOLKATA: The West Bengal government has decided to pay its rice farmers by directly transferring the amount to their bank accounts. The government, which is initiating such a move for the first time, hopes to start the process in all 330 blocks of the state from December 10.

The state has earmarked Rs 8,000 crore to purchase 52 lakh metric tonnes of rice this year. “We will pay farmers Rs 1,490 for a quintal of rice. We will hold at least 70 camps to purchase rice in each of the 294 assembly constituencies,” Bengal Food and Civil Supplies Minister Jyotipriya Mallick said.

“Instead of giving cheques, we have decided to transfer the money directly to their bank accounts. This will help them get their price faster,” he told ET on Tuesday.

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The Economic Times, 7 December, 2016, http://economictimes.indiatimes.com/news/economy/agriculture/bengals-cash-less-agrarian-revolution-to-pay-support-price-for-rice-directly-into-bank-a/c/articlesho


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