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"A lot of sales is not going through the POS machine, as neither retailer nor farmer has any incentive to do so": says PSU CMD
Oct 22:
The working capital gap for the fertilizer industry has now got stressed from 45 days of manufacturing to 6 months.
8This is on account of the implementation of the DBR scheme
8The interest burden has gone up dramatically.
8A public sector fertilizer company chairman said in a recent interaction that a lot of sales are now being routed through POS machines, and this is causing more problems.
8He also said that in the present mode, there is no incentive for the retailer and farmer to go through the DBT route
8He suggested that for effective implementation, the retailer should also get some incentive to route sales through POS machines.
Click on Reports for more
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8This is on account of the implementation of the DBR scheme
8The interest burden has gone up dramatically.
8A public sector fertilizer company chairman said in a recent interaction that a lot of sales are now being routed through POS machines, and this is causing more problems.
8He also said that in the present mode, there is no incentive for the retailer and farmer to go through the DBT route
8He suggested that for effective implementation, the retailer should also get some incentive to route sales through POS machines.
Click on Reports for more
