Centre procures 6.06 mn tonne paddy in Punjab, Rs 12,200 cr paid to farmers

Quick Summary:

In an official statement, the union food ministry said, "as of 28th October 2024, a total quantity of 65.75 lakh tonnes of paddy has arrived in the mandis out of which 60.63 lakh tonnes have been procured by state agencies and Food Corporation of India (FCI)".

The procurement of paddy in Kharif Marketing Season (KMS) 2024-25 commenced on October 1, 2024, and 2,927 designated mandis including 1000 temporary yards have been opened throughout Punjab for smooth procurement of paddy.

The Centre on Tuesday said it has procured 60.63 lakh tonnes of paddy so far in Punjab and it has already made payments of Rs 12,200 crore to farmers in the state as of October 28.

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Category: BusinessFinance

Markets: India

Topics: Food corporation of India Paddy procurement State food agencies MSP procurement

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Published On: 2024-10-29 @ 21:08:37 (2 days ago)

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News Source URL: business-standard.com

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