BANKING TRADE AND COMMERCE

STATE TRADING

State Trading: Akola district being a major jowar producing district was given a target of 3 lakh quintals of jowar for procurement during the season of 1968-69. The area under hybrid jowar was 1,42,449 acres and under local jowar was 4,99,456 acres. Thus, the total area under jowar was 6,41,905 acres in the year 1968-69. Every block headquarters is a permanent procurement centre and as such there are 13 permanent procurement centres in the district one for each block. In addition to these, seasonal and one day centres are opened to facilitate the cultivators to sell their marketable surplus of jowar in these centres. During the crop season of 1968-69, the district procured 3,23,886 quintals of jowar. The area under paddy is more or less negligible but even then the district could procure 111 quintals of paddy which was sold to the local poha manufacturers in addition to the regular allotment of paddy received from Chandrapur district.

For the proper and equitable distribution of foodgrains, sugar and wheat products, and also to have control over their prices fair price shops are opened. The district had 1,213 fair price shops in the year 1968-69 located at various places in the district. The break up of these shops is given below:—

All the 13 block headquarters in the district are the distributing centres, and through the godowns located at these places commodities are distributed to fair price shops. The district has maintained continuous supply of foodgrains at the rate of 8 kg. per adult per month.

The quantity and value of foodgrains procured under the monopoly procurement system and sales through fair price shops for the years 1967-68 to 1968-69 are given below.

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