Delhi Govt sanctions Rs 80-Cr margin money payment to ration shops daijiworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from daijiworld.com Daily Mail and Mail on Sunday newspapers.
Delhi Govt sanctions Rs 80 crore margin money payment to ration shops
IANS
Resolving their financial troubles, the Delhi government on Tuesday announced it is sanctioning Rs 80 crore for the payment of margin money to the Fair Price Shop (FPS) dealers who distribute essential commodities to the ration card holders in the national capital.
The move comes after the ration shop owners last month declared they are stopping distribution of food grains to Delhi residents from this month over non-payment of margin money from the Delhi government. The margin money is borrowed from a brokerage firm to purchase an investment.
The margin money for both Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) and National Food Security (NFS) schemes will be released by Department of Delhi State Civil Supplies Corporation Limited (DSCSC) within two-three days.