Govt's 2021-22 season paddy procurement at 606.19 lakh tonnes bl-premium-article-image

Prabhudutta Mishra Updated - January 24, 2022 at 07:59 PM.

The Centre has procured 606.19 lakh tonnes of paddy (or 406.14 lt in terms of rice), so far in the ongoing 2021-22 season (October-September), with maximum quantities being purchased from Punjab, according to the Union Food Ministry.

“Till now, 77 lakh farmers have been benefited from the official purchase programme for which the government has transferred ₹1,18,812.56 crore into their bank accounts," the Ministry said in a statement Monday. During the 2020-21 season, the Centre had procured 895.83 lakh tones (lt) of paddy worth ₹1,69,133.26 crore, benefitting 1.31 crore farmers.

Of the total procurement this year, 186.85 lt of paddy have been procured from Punjab, followed by 82.62 lt from Chhattisgarh, 69.08 lt from Telangana, 56.49 lt from Uttar Pradesh and 55.30 lt from Haryana until January 23.

The government undertakes procurement operations through state-run Food Corporation of India (FCI) as well as State agencies.

Published on January 24, 2022 14:29

This is a Premium article available exclusively to our subscribers.

Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

You have reached your free article limit.

Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

You have reached your free article limit.
Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

TheHindu Businessline operates by its editorial values to provide you quality journalism.

This is your last free article.