Replying to a notice for an adjournment motion on the matter by LDF, Chandy said an amount of Rs 186 crore was pending to be paid to farmers and it would be paid by July 16.
Chandy said there was a record procurement of 5.35 lakh tonnes of paddy from farmers during the current season.
Food Minister Anoop Jacob said a proposal to set up a revolving fund to ensure prompt payment to farmers for paddy procurred was under the consideration of the government. The fund would have a corpus amount of Rs.350 crore.
Seeking leave for the motion K K Vijayadas (CPI-M) alleged that the government was insensitive to the problems concerning farmers.
Farmers were not paid for their paddy till now even though it had been procurred four months back and they were in great difficulty, he said.