The State Cabinet authorized the “Corpus Fund to OSCMF Ltd. and OSSC Ltd.” State Sector Scheme, which will cost Rs 1360 crore and run for four years, from FY 2026–2027 to FY 2029–2030. The proposed expenditure is Rs 400 crore for OSSC Ltd. and Rs 960 crore for OSCMF Ltd. The program is to give OSCMF Ltd. and OSSC Ltd. interest-free revolving corpus funds in order to guaranty the timely supply of fertilizers and high-quality seeds, respectively, throughout the State.
The fund will make it possible to purchase agricultural inputs in advance, pre-position them, and pay seed growers and suppliers on time. This will guaranty farmers a steady supply of fertilizers at reasonable prices, boosting agricultural output and bolstering the state’s food security.