x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   BJP starts preparations for assembly polls after passing of crucial bills in Lok Sabha | Centre remains non-committal on granting statehood to Ladakh | Pampore terror attack mastermind shot dead in Karachi | DGP sanctions welfare loan, relief in favour of police personnel | Nehru’s 2 major blunders made J&K people suffer for years: Amit Shah | Art 370 abrogation harmed bond between J&K and rest of the country: Omar Abdullah | Bomb threat at Jammu school, turns out hoax | Arms, ammo recovered in Rajouri | Srinagar records season's coldest night at minus 2 C | Police attach residential land of LeT terror aide | Missing girl reunited with her family by PS Channi Himmat | Two notorious criminals arrested by PS Channi Himmat kidnapping case solved | General body meeting of senior citizens support services club, Chowadi | Ramban police Swiftly resolves theft case, recovers stolen property worth Rs 2.59 lakhs within 24 hours | CS for enhanced vigil on roads by traffic department | Reserving assembly seats for PoJK refugees, KPs is a step towards Justice: Kavinder Gupta | Crime Branch Jammu Files Charge-sheet against impersonator in Job Scam | DC chairs Block Diwas at Kanispora | Advisor Bhatnagar inaugurates Mega Job Fair at GPC Jammu | Maintain strict vigil on feeders vulnerable to power pilferage: MD KPDCL to XEns | Mother of two breaks stereotype to become first female e-rickshaw driver in Chenab Valley | ‘Viksit Bharat Sankalp Yatra’ | Back Issues  
 
news details
AC approves advance payment to meet demand of more than 4600 FPS dealers
11/23/2022 11:03:18 PM
Early Times Report

JAMMU, Nov 23: The Administrative Council (AC) which met here under the chairmanship of the Lieutenant Governor, Manoj Sinha, approved the proposal for Advance Payments in favour of FPS Dealers on account of their margin on monthly basis under NFSA Scheme.
Rajeev Rai Bhatnagar, Advisor to the Lieutenant Governor, Dr. Arun Kumar Mehta, Chief Secretary, J&K attended the meeting.
Administrative Council approved Advance Payments of 75%
Central share on account of FPS Dealers margin, on monthly basis under NFSA Scheme, out of Revolving Fund (Foodgrains) Account, pending release of such claims by Government of India.
Since the flow of funds of Government of India under NFSA is not regular and there was persistent demand of FPS dealers for payment of commission at the rate of Rs.180/quintal to Fair Price Shop Dealers, the AC authorized for making payments as commission in advance of receipt of funds there by benefitting 4630 FPS dealers across the UT. This amount shall be recouped as and when Central share is released by the GoI .
The proposal has financial implications of Rs. 32,95,05,998/- (@Rs. 180/quintal) during each Financial Year but the same shall be recouped as and when funds are received from GoI.
  Share This News with Your Friends on Social Network  
  Comment on this Story  
 
 
 
Early Times Android App
STOCK UPDATE
  
BSE Sensex
NSE Nifty
 
CRICKET UPDATE
 
 
 
 
 
 
 
 
   
Home About Us Top Stories Local News National News Sports News Opinion Editorial ET Cetra Advertise with Us ET E-paper
 
 
J&K RELATED WEBSITES
J&K Govt. Official website
Jammu Kashmir Tourism
JKTDC
Mata Vaishnodevi Shrine Board
Shri Amarnath Ji Shrine Board
Shri Shiv Khori Shrine Board
UTILITY
Train Enquiry
IRCTC
Matavaishnodevi
BSNL
Jammu Kashmir Bank
State Bank of India
PUBLIC INTEREST
Passport Department
Income Tax Department
JK CAMPA
JK GAD
IT Education
Web Site Design Services
EDUCATION
Jammu University
Jammu University Results
JKBOSE
Kashmir University
IGNOU Jammu Center
SMVDU