The non- payment of commission charges towards paddy procurement by the Odisha government for the last couple of years is creating issues with PACS and LAMPS.
It has led to PACS and LAMPCS using their recovered loans from farmers to meet expenses in connection with the purchase of paddy under minimum support price system, reports New Indian Express.
With over Rs 1,000 crore outstanding towards commission and mandi handling charges, Nabard has warned that the cash imbalance position of PACS/LAMPCS has surpassed Rs 3,500 crore.
