‘The margin money has been enhanced from the existing Rs 35 per quintal to Rs 70 per quintal,’ said SS Yadav, the Commissioner cum Secretary.
‘The margin money is payable to the Fair Price Shop licencees for handling of food grains, rent of shops, wages, electricity charges, stationery and other miscellaneous expenses for running the shop,’ added Yadav.
Yadav informed that the enhancement will be effective from the allocation of the month of September, 2014. There was a demand from the Fair Price Shop licencees for enhancement of margin money as it was fixed way-back in 1997 and has not been revised since then.
Low margin money was making it difficult for Fair Price Shop licencees to run the shop. The decision of the L-G has come as a big relief to the 2,500 Fair Price Shops across the city.
Yadav further added that recently, the Delhi government has also completely liberalized its policy regarding items allowed to be sold at the Fair Price Shops. It has allowed sale of all goods and services except 8 categories of prohibited items.
This decision of the government along with decision to double the margin money will substantially improve the viability of Fair Price Shops.
‘The margin money is payable to the Fair Price Shop licencees for handling of food grains, rent of shops, wages, electricity charges, stationery and other miscellaneous expenses for running the shop,’ added Yadav.
Yadav informed that the enhancement will be effective from the allocation of the month of September, 2014. There was a demand from the Fair Price Shop licencees for enhancement of margin money as it was fixed way-back in 1997 and has not been revised since then.
Low margin money was making it difficult for Fair Price Shop licencees to run the shop. The decision of the L-G has come as a big relief to the 2,500 Fair Price Shops across the city.
Yadav further added that recently, the Delhi government has also completely liberalized its policy regarding items allowed to be sold at the Fair Price Shops. It has allowed sale of all goods and services except 8 categories of prohibited items.
This decision of the government along with decision to double the margin money will substantially improve the viability of Fair Price Shops.