Merinews: New Delhi: Friday,
September 09, 2016.
It refers to
the RTI response from Department of Fertilisers (Union Government) wherein it
is revealed that maximum subsidy on indigenous urea amounting to Rs 7080.58
crores is routed in the year 2015-16 through IFFCO out of a total subsidy of Rs
38200 crores routed through all the bodies government, cooperative and private
sectors.
The RTI
response also revealed that under the NBS policy, MRP of P&K fertilisers
are fixed by the fertiliser companies as per market dynamics. There cannot be
some other example of such government-aid for profiteering cooperative-giant
IFFCO. Significantly, the only other cooperative KRIBHCO ranks second with
subsidy on indigenous urea amounting to Rs 2935 crores routed through it.
Both IFFCO
and KRIBHCO having built huge empire through initial funding done by government
at time of their setting in the year 1967 and 1980 respectively claim for working
in the interest of farmers.
But
media-reports indicated that IFFCO instead worked in the interest of its
executives when the cooperative giant once hit media-headlines for having
gifted prime properties worth hundreds of crores in New Delhi to its
executives. Only recently former IFFCO chairperson Satbir Singh Kadiyan was
arrested by the CBI in an alleged scam.
It is unfair
that units getting a route-way for such huge subsidy for profiteering are not
accountable to public. To safeguard interests of farmers and misuse of money
routed to IFFCO and KRIBHCO in the form of urea-subsidy for benefit of its executives,
the central government should declare all cooperatives registered under
Multistate Co-operative Societies Act to be covered under RTI Act.
It will also
induce transparency in appointments there to prevent dishonest persons being
posted in cooperatives.
Editorial
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