Chandigarh, On Monday Acceding to the request of Chief Minister Captain Amarinder Singh, the Central Govt extended the validity of the Cash Credit Limit (CCL) limit for procurement of paddy during Kharif Marketing Season 2019-20 in Punjab up to 29 February, 2020. This has paved the way for clearing outstanding dues of Arthiyas who are complying with the norms under PFMS, EAT module, and the Reserve Bank of India (RBI) is all set to release Rs 200 crore on this account on Tuesday.
देखो कैसे बोलती हैं, इस कलाकार की बेजान मूर्तियां || heritage festival || handicrafts || fair ||
A spokesperson of the Chief Minister’s Office said that this extension in validity would help the State Govt to clear the pending dues of Arthiyas on account of their commission, which could not be settled due to non-implementation of Public Financial Management System (PFMS) Expenditure, Advance and Transfer (EAT) Module by them as mandated by the Govt of India, disclosing this here. The total liability on account of the Arthiyas’ commission stood at Rs. 750 crore, of which Rs. 362 crore has already been paid to Arthiyas who are PFMS EAT module compliant.
90 साल की अम्मा के आगे बड़े-बड़े कलाकार हैं फेल ||crafts fair || heritage festival ||
Notably, the Reserve Bank of India (RBI) has extended the CCL of Rs. 33333.96 crore under new account no. IV for procurement of paddy during the marketing season up to the end of February 2020. Notably, CCL of Rs. 26707.50 crore was authorized for the month of October 2019 and Rs 6623.46 crore for the month of November 2019, and subsequently its validity was extended up to December 2019.
By – pallavi…
