NEW DELHI : Paddy procurement on this Kharif season has crossed 700 LMT mark and MSP of about ₹1,45,845 crore has been paid to farmers, mentioned the Ministry of Client Affairs, Meals and Public Distribution on Tuesday.
The paddy procurement for KMS 2022-23 (Kharif crop) is progressing easily with buy of over702LMT of paddy as much as 20 February, it added.
Over 96 Lakh farmers have benefitted from the continuing KMS procurement operations with MSP outflow of Rs. 1,45,845 crores with switch of fee straight into their account.
The ministry mentioned that every one preparations are in place for hassle-free procurement operations. “Rice supply in opposition to the procured paddy is round 218 LMT within the Central Pool up until 20 February. Sufficient rice inventory is presently accessible within the Central Pool for assembly the necessities of the nation.”
For Kharif crop of present KMS 2022-23, a amount of 765.43 LMT Paddy (514 LMT by way of Rice) is estimated to be procured as in opposition to 749 LMT Paddy (503 LMT by way of Rice) really procured throughout final KMS 2021-22 (Kharif Crop).
The estimated procurement of Paddy for Rabi crop of KMS 2022-23 goes to be finalized within the forthcoming Meals Secretaries’ assembly to be held on 1 March, 2023. With the inclusion of Rabi crop, it’s anticipated that round 900 LMT paddy can be procured throughout the complete KMS 2022-23, the ministry added.
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Supply: Live Mint