Summary:
Rajkot: Oil millers have started purchasing groundnut from warehouses at Rs 650 to 675 per 20 kg which is procured by government at Rs 900 per 20 kg MSP. Samir Shah, president, Saurashtra Oil Millers Association (SOMA) said, “The technical problems are solved and they have allowed us to purchase minimum 50 tons. Separate deals are allowed for old and new stock and we have started purchasing.” SOMA, however, said that the stock can’t be cleared in couple of months as per government’s wish. “It may take minimum 10 months” he said.tnn The terms of payment have also been eased and the millers can pay the amount in 21 days instead of seven days..