2 weeks ago
Revanth Reddy Orders Action Over Rs 270 Crore Rice Default
Government officials gave paddy to rice millers to process into rice.
Officials say some millers did not return the required rice.
The missing rice is valued at about Rs 270 crore.
The problem was reported in Nizamabad.
Chief Minister Revanth Reddy ordered officials to act strongly.
They must try to recover the rice or its market value.
Officials are also being urged to attach property and begin criminal cases.
The article says some people are concerned that political support may have protected certain millers.
Chief Minister Revanth Reddy directed officials to take stringent action over the alleged Rs 270-crore CMR default in Nizamabad.
Several rice millers allegedly failed to return government-allocated paddy after processing it over the past two years.
Officials reported a shortfall of around Rs 70 crore in 2023 and another Rs 130 crore this year, while the overall default was placed at Rs 270 crore.
Recovery efforts have produced limited results, prompting criticism of enforcement and legal action.
Officials face pressure to recover the rice or its market value and pursue property attachments and criminal proceedings.
- Who
- Chief Minister Revanth Reddy, government officials, and several rice millers are involved.
- What
- Officials are investigating an alleged Rs 270-crore shortfall in government-allocated Custom Milled Rice and pursuing recovery and legal action.
- Where
- Nizamabad.
- When
- The alleged defaults occurred over the past two years; officials cited shortfalls in 2023 and this year.
- Why
- The government wants to recover the missing rice or its market value and hold those responsible accountable.
Key facts
- Reported default
- Rs 270 crore overall
- Commodity
- Government-allocated paddy processed as Custom Milled Rice
- Reported 2023 shortfall
- Around Rs 70 crore
- Reported current-year shortfall
- Around Rs 130 crore
- Recovery status
- Recovery efforts have so far produced limited results
- Ordered measures
- Recovery of rice or its market value, property attachments, and criminal proceedings
- Additional concern
- Allegations of political patronage involving some defaulting millers
Sources
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