FDI in retail won`t be implemented in C’garh: CM
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FDI in retail won't be implemented in C’garh: CM

Last Updated: Friday, December 02, 2011, 00:12     A- A A+
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New Delhi: Chhattisgarh Chief Minister Raman Singh on Thursday said his government will not implement the Centre's decision to allow FDI in retail trade.

"We have decided to oppose FDI in retail sector. The decision will not be implemented in Chhattisgarh," Singh told reporters here after releasing a monograph on the Public Distribution System (PDS) adopted by the state government.

Addressing the gathering, Singh spoke on the state's development model and its PDS system.

"The target for Chhattisgarh is to get rid of problems like infant mortality rate, maternal mortality ratio and malnutrition among children. Naxals have been there in Chhattisgarh for last 40 years but now we need to think ahead as well", Singh said.

He rejected the proposals for cash transfer as a measure to ensure food security and said "cash transfer in the name of food security is nothing but shying away from responsibility. How can one decide how much money is sufficient for a family"?

Sharing the details of PDS network for paddy, he said, "we have become one of the biggest paddy producers in the country and we worked very hard for this. 75 per cent of our population is dependent on agriculture and the rest on minor produce industry."

To enhance agri produce, the state adopted a three-pronged approach which aims at improving production, procurement and distribution system, the Chief Minister said.

"To ensure good production, we have brought down the interest rate for agri loans and provided two lakh new water pumps for irrigation. We give a Rs 50,000 subsidy on irrigation pumps," he said.

"Our paddy production has risen from 55 lakh metric tonne to 90 lakh metric tonne and we transfer Rs 6000 crore worth of funds as payment to farmers after collecting their products," Raman Singh said.

Noting that there is no shortage of electricity in the state, he said "Chhattisgarh has made an investment of Rs 7000 crore in power generation sector and in another three years, we will make a fresh investment of Rs 17,000 crore."

On plugging the holes in distribution system, he said "we identified the problems in distribution network and successfully addressed them. We have also introduced legal reforms to ensure that there are no leakages and wastages in the distribution network", Singh said.

He said the state government increased the commission of PDS shops from Rs 4 per quintal to Rs 35 and since then there is no report of any hoarding and theft of paddy in the state, he said.

Chhattisgarh has taken steps to ensure food security for people by providing them essential commodities like salt, pulses, edible oil, he said.

PTI

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First Published: Friday, December 02, 2011, 00:12

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