Working Capital of Dealer/ Distributor/ Wholesaler under Food & Supplies Deptt.

Applicants for Dealership must have a bank balance of Rs. 2.50 lakh in form of saving account, current account and/or fixed/ term/ flexi deposit as working capital as reflected on the day of application and 6 months preceding the date of application.

Amendment vide No. 1483-FS dated 08.04.2022

GOVERNMENT OF WEST BENGAL
Department of Food & Supplies
11A, Mirza Galib Street, Kolkata – 700 087

No. 3090-FS/Sectt./Food/4P-9/2012 Kolkata, the 18th December, 2020

ORDER

WHEREAS the State Government is of the opinion to relax the working capital/ financial capacity of an applicants for filing application for engagement as Dealer/ Distributor/ Wholesaler;

NOW, THEREFORE, in exercise of power conferred under section 3 of the Essential Commodities Act, 1955 (10 of 1955) and in supersession of all the previous orders and circulars on this subject, the Governor is pleased hereby to make, with immediate effect, following order in respect of maintenance of working capital/ financial capacity of an applicant at the time of filing application for engagements as FPS Dealer/ Distributor under clauses 20 and clause 26 of the West Bengal Public Distribution System (Maintenance & Control) Order, 2013 and FPS Dealer/ Wholeseller under clauses 16 and 17 of the West Bengal Urban Public Distribution System Maintenance & Control Order, 2013:-

  1. Applicants for Dealership must have a bank balance of Rs. 2.50 lakh in form of saving account, current account and/or fixed/ term/ flexi deposit as working capital as reflected on the day of application and 6 months preceding the date of application.
  2. Applicants for Distributorship/ wholesalership must have a bank balance of Rs. 25.0 lakh in form of saving account, current account and/or fixed term/ flexi deposit as working capital as reflected on the day of application and 6 months preceding the date of application.

This Order shall not be applicable to the vacancies of distributor/ wholesaler or FPS dealer, which has been notified by the licensing authority on or before the publication of this notification in the Official Gazette.

By order of the Governor,

PARWEZ AHMAD SIDDIQUI, IAS
Secretary to the Government of West Bengal

No. 3090-FS dated 18.12.2020, Source