The State government will release ₹721 crore dues over the next few days towards the purchase of ragi, paddy, and wheat under the MSP. Somashekar, who chaired the Cabinet sub-committee meeting here on Thursday, announced that the money would be transferred to farmers’ accounts over the next two or three days. He said though these purchases under the MSP had been done four or five months ago, payments had not been done. “The Chief Minister has now directed the officials to release the money and farmers will receive the amount in the next two to three days,” he said. The sub-committee meeting convened on July 29 would decide on how the support price has to be decided for this year, he added.

Source: The Hindu July 08, 2021 18:11 UTC