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Bihar announces OTS scheme for brick kilns, waives ₹90 crore interest on outstanding dues
India🏛️ PoliticsCenter7 hr. ago

Bihar announces OTS scheme for brick kilns, waives ₹90 crore interest on outstanding dues

The Bihar government announced a One-Time Settlement (OTS) scheme aimed at resolving outstanding dues owed by brick kiln owners. The total outstanding amount amounts to ₹316.66 crore, consisting of ₹226.40 crore in royalty and ₹90.26 crore in interest. As of now, only ₹27.28 crore has been recovered, leaving ₹289.38 crore unpaid. Under the new scheme, brick kiln owners can settle their debts in a single payment over three months, with the interest component waived. The initiative was approved by the state cabinet and praised by officials, who emphasized that it provides relief to operators while ensuring the government recovers its dues. The scheme applies to approximately 6,000 brick kilns across the state.

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The Hindu logoThe HinduIndependentCenter7 hr. ago
Bihar announces OTS scheme for brick kilns, waives ₹90 crore interest on outstanding dues

The Bihar government announced a One-Time Settlement (OTS) scheme aimed at resolving outstanding dues owed by brick kiln owners. The total outstanding amount amounts to ₹316.66 crore, consisting of ₹226.40 crore in royalty and ₹90.26 crore in interest. As of now, only ₹27.28 crore has been recovered, leaving ₹289.38 crore unpaid. Under the new scheme, brick kiln owners can settle their debts in a single payment over three months, with the interest component waived. The initiative was approved by the state cabinet and praised by officials, who emphasized that it provides relief to operators while ensuring the government recovers its dues. The scheme applies to approximately 6,000 brick kilns across the state.

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