Govt to amend Bank Guarantee clause in Mining Policy

The Fact News Service
Chandigarh, October 8

Haryana Government after reviewing has decided to amend the Bank Guarantee clause in the Milling Policy for KMS 2021-22.

Now, Additional Security Amount of 2.5 percent of the value of the paddy allotted shall be obtained from the Miller in the form of Bank Guarantee.

However, in case of a rice miller who is an unencumbered owner of the rice mill and land underneath and who has delivered his entire CMR by May, 31 2021, the additional security amount shall be @1 per cent of the value of the paddy allotted.

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