![]() Financial Daily from THE HINDU group of publications Tuesday, Feb 01, 2005 |
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Agri-Biz & Commodities
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Rice A raw deal K.K. Mustafah
Final stage of harvesting in full swing in suburban Thrissur. The State Government's decision to reduce the procurement price of paddy by Rs 20 per quintal to help the co-operative societies is proving to be a boon to private mills. Paddy, which was earlier sold at Rs 740 a quintal, is now being sold to the mills at Rs 550 to 600 a quintal. Some farmers have even burnt their grains in protest against the decision.
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