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Centre plans to procure 37.5 million tonnes of rice
Aug 11, 2017

The Government plans to procure 37.5 mt of paddy in the current kharif marketing season, beginning October, an official release said on Thursday.
 
The target is 3.15 mt more than the 34.35 mt the government procured in the previous kharif season.
 
The paddy procurement targets for different States were set during a meeting of state food secretaries on Thursday, the statement said.
 
Punjab, with a target of 11.5 mt, tops the list in procurement targets. Following suit is Chhattisgarh which is to procure 4.8 mt. Among other States that will witness heavy procurement are Uttar Pradesh (3.7 mt ), Haryana (3 mt ), Odisha (3 mt ), Andhra Pradesh (2.5 mt ) and West Bengal (2.3 mt ).
 
With most rice growing states getting good South-West monsoon rains this year, rice sowing has picked up momentum. Farmers have so far sown paddy in 17.7 million hectares till July 21.
 
As of July, rice stocks in the Central pool stood at 21 mt.
    

The Hindu Businessline

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