Govt procures paddy worth ₹92,121 crore so far under MSP

PTI Updated - January 01, 2021 at 10:09 PM.

CHANDIGARH 30/10/2008 A worker piles up paddy crop at a paddy procurement centre in Chandigarh on Thursday, October 30 2008. Punjab Government has procured 106 lakh tonnes of paddy so far in the current season, according to an official release. Photo: Akhilesh_Kumar

Paddy procurement has increased 25 per cent so far in the ongoing kharif marketing season to 487.92 lakh tonnes (lt), valued at ₹92,121 crore, an official statement said.

The kharif marketing season (KMS) starts from October.

The Food Corporation of India (FCI) and state agencies have purchased 487.92 lt of paddy till December 31 as against 390.56 lt in the corresponding period of the previous year.

“About 62.28 lakh farmers have already been benefited from the ongoing KMS procurement operations with MSP value of ₹92,120.85 crore,” the statement added.

Published on January 1, 2021 16:37