While addressing the meeting of Chairmen of 23 District Central Cooperative Banks (DCCB) last week, Bihar State Cooperative Bank Chairman Ramesh Chandra Chaubey demanded that the state government should provide money from public sector banks at zero or maximum 3 percent interest for purchasing paddy from farmers.
He demanded that the State Food Corporation should release the dues of Rs 18 crore immediately. PACCs have to pay additional interest due to delay in payment by SFC.
It was informed during the meeting that the arrears of Ara DCCB are Rs 6 cr and that of Nalanda Central operative bank is 10 cr.
The meeting was attended by Vaishali Central Government Bank Chairman Vishundev Rai, Muzaffarpur Central Cooperative Bank President Amarnath Pandey, Ara Central Government Bank President Satyendra Narayan Singh, Nalanda Central Cooperative Bank President Amarendra Kumar and others.