Punjab paddy procurement crosses 8.5 MT, Centre says ops in full swing

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Punjab has procured 85.41 lakh tonnes (LT) of paddy valued at Rs 19,800 crore in the ongoing 2024-25 kharif marketing season, with procurement operations now in full swing after initial weather-related delays, the food ministry said on Sunday.

According to the ministry, about 90.69 LT of paddy arrived in mandis across Punjab till November 2, of which 85.41 LT has been procured by state agencies and Food Corporation of India (FCI).

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

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Category: BusinessFinance

Markets: India

Topics: State government Government Administration Activities Food Corporation of India Food Punjab

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Article Type: News Report

Published On: 2024-11-03 @ 17:27:56 (4 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

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