Cash Payment to Farmers Will be Made as per Availability of Cash in Banks
Bhopal. The Madhya Pradesh State Agriculture Marketing Board has clarified that cash payment to farmers against sale of their notified agriculture produces will be made as per the availability of cash in banks. Arrangements to ensure balance payment will be made on agriculture produce sale date through R.T.G.S. /N.E.F.T.. Cash payment limit will be effective as per the Income Tax Act prevalent at the time of sale. This arrangement will be effective from the date of the order issued in this regard on June 05, 2017.
Managing Director of Board Rakesh Shrivastava has directed mandis for strict compliance of this clarified order.