Paddy farmers to get compensation

Amount will be credited into their bank account

June 16, 2017 12:23 am | Updated 12:23 am IST - Tiruvannamalai

Compensation to the tune of ₹1.47 crore would be paid to the farmers whose payments were not settled after they had sold their paddy to the traders at the Chetpet regulated market.

The regulated markets were run by district marketing societies managed by the government where farmers and traders carried on their buying. Between October 17, 2016 and February 2017, some traders who had purchased paddy had failed to settle payments to the tune of ₹1,47,45,776. As many as 228 farmers were affected owing to this.

Considering the plight of the farmers, already affected by the failed monsoon, the State Government had issued an order on June 12 ordering compensation to these farmers. The order had asked Tiruvannamalai district marketing society to settle their dues in full from the society’s surplus funds, said District Collector Prashant M.Wadnere.

The compensation would be credited into the bank accounts of the farmers. Farmers affected were asked to submit the copy of the weighing slip issued while selling the paddy, bank account number, first page of their pass book and a statement in stamp paper to the superintendent of the Chetpet Regulated Market, the Collector added

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.