FCI, state agencies procure paddy worth ₹19800 cr benefitting 4 lakh farmers this season: Centre, ET Government

<p>Amritsar: A farmer inspects paddy grains during procurement season, at a grain market in Amritsar. (PTI Photo)</p>
Amritsar: A farmer inspects paddy grains during procurement season, at a grain market in Amritsar. (PTI Photo)

As of November 2, 2024, a total quantity of 90.69 LMT of paddy has arrived in the Punjab mandis out of which 85.41 LMT have been procured by state agencies and FCI. The paddy is being purchased at MSP @ ₹2320 as decided by Govt of India for Grade ‘A’ paddy and the total paddy purchased by the government till date in the ongoing KMS 2024-25, amounts to ₹19,800 crore benefitting four lakh farmers. Further, 4,640 millers have applied for shelling of paddy and 4,132 millers have already been allotted work by Punjab state government, the Ministry of Consumer Affairs, Food & Public Distribution said in a statement on Sunday.The procurement of paddy for KMS 2024-25 has commenced in Punjab from October 1, 2024 and 2,927 designated mandis and temporary yards are operational throughout the state for smooth procurement from the farmers. Central government has fixed an estimated target of 185 LMT for paddy procurement for the ongoing KMS 2024-25 which shall continue upto November 30, 2024.

Though the procurement commenced a bit late due to heavy rains in September and high moisture content in paddy, it is back on track and has picked up in full swing now, the ministry added.

  • Published On Nov 4, 2024 at 08:09 AM IST

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Download ETGovernment App

  • Get Realtime updates
  • Save your favourite articles


Scan to download App


Source link

Leave a Reply

Your email address will not be published. Required fields are marked *