andhra pradesh government which is struggling to find funds for some of its ambitious Welfare Schemes is likely to have some breather from the next month as the Center will clear some part of the pending subsidy dues of over Rs 4,300 crore to the andhra pradesh government for undertaking rice procurement at a minimum support price (MSP). Union Food minister ram Vilas Paswan gave the assurance in a meeting with andhra pradesh Finance minister buggana Rajendranath on this issue here.
"It is a genuine request from the andhra pradesh government. The Centre, too, does not have funds and we may get some allocation at the end of March. From that, we will release (the fund) as much as possible to andhra pradesh," Paswan told some news agency after the meeting.
The dues will be released to the andhra pradesh State Civil Supplies Corporation Ltd (APSCSCL) which has undertaken the procurement operation in the state. Out of the 4,308 Crore Rupees that are pending, Rs 1,598 crore dues were between financial years 2013-14 and 2016-17. It has to be seen how much the Center will release for Andhra Pradesh.
