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Amarinder seeks PM's intervention for settlement of Rs 31000 cr food dues

6/18/2018

New Delhi, Punjab Chief Minister Capt Amarinder Singh on Monday sought the intervention of Prime Minister Narendra Modi for the settlement of Rs 31,000 crore of Food Account on procurement of wheat and paddy, which was wrongly taken over by the erstwhile state government instead of being adjusted between state and central governments.The Chief Minister raised the issue with the Prime Minister during a meeting here. The Rs 31,000 crore included Rs 12000 crore principal and Rs 19000 crore interest, said the Chief Minister, pointing out that the sum was on account of non-adjustment of accounts for procurement done by state agencies for FCI from 2003-2004 onwards. He had been pursuing the matter since taking over as Chief Minister and it was now pending for decision with the Union Finance Ministry, Capt Amarinder Singh told the Prime Minister. He further pointed out that the state was already facing an annual interest payment liability of Rs 324 crore and the total payoff might touch Rs 65000 crore, which was totally untenable for the state. He also reiterated his demand for special package for the development of the border areas of Punjab, which he had been pushing for in view of the fact that the state has an active International Border, with several thickly populated areas located close to it. Capt Amarinder lamented that the criteria for allocation of funds for Border Areas Development was unfavourable for Punjab and requested Modi’s support in correcting the anomaly.

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