RBI Au­tho­rises 17,523 Cr for Wheat Pro­cure­ment

The Economic Times - - Pure Politics -

Chandi­garh: The Re­serve Bank of In­dia (RBI) on Wed­nes­day is­sued au­tho­ri­sa­tion of cash credit limit (CCL) of 17,523 crore to­wards first in­stall­ment for the pro­cure­ment of 90 lakh tonne of wheat this rabi sea­son by the Pun­jab govern­ment. The RBI would is­sue an­other au­tho­ri­sa­tion for the sec­ond in­stall­ment shortly, a re­lease is­sued by the Chief Min­is­ter's Of­fice said here this evening. Pun­jab CM Parkash Singh Badal thanked Prime Min­is­ter Naren­dra Modi for his prompt per- sonal in­ter­ven­tion in the mat­ter, the re­lease said. Badal, along with State's Food and Civil Sup­plies Min­is­ter Adesh Par­tap Singh Ka­iron, had called on Modi at New Delhi on Mon­day to urge him for the im­me­di­ate clear­ance of of CCL. — PTI

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