Price of used gunny sacks hiked to ₹21 per bag
The Hindu
6.43 lakh paddy worth ₹1,211 cr. purchased so far
The Telangana State Civil Supplies Corporation (TSCSC) has increased the price to be paid for used gunny sacks with fair price shop dealers from ₹18 to ₹21 per bag to ensure availability of timely and sufficient number of sacks for paddy procurement this season. This was stated by the Corporation Chairman M. Srinivas Reddy here on Tuesday after board meeting of the organisation. The increased price would implemented with the retrospective effective from April 1. The meeting has also decided to release ₹54 crore to be paid to the FPS dealers as commission. According to the Corporation officials, about 9 crore gunny bags would be required for paddy procurement this season. About 30 lakh gunny bags (used) would be available with the FPS dealers every month as they supply 1.75 lakh tonnes of subsidised rice to 87.54 lakh families. They used to sell the sacks to private contractors in the past but the State government had been purchasing them for the last few seasons for the procurement purpose.More Related News