BUSINESS

Over 1 crore farmers benefitted with ongoing paddy procurement


Over one crore farmers have benefited from the ongoing paddy procurement for the Kharif Marketing Season 2022-23.

Around 713 Lakh Metric Tonnes (LMT) of paddy up to the 1st of this month was procured and the MSP outflow of over one lakh 14 thousand crore rupees have been transferred directly into farmers’ accounts.

The Consumer Affairs, Food and Public Distribution Ministry said, all arrangements are in place for hassle-free procurement operations. Rice delivery against the procured paddy is also in progress.

The Ministry said, adequate rice stock is currently available in the Central Pool for meeting the requirements of the country.

For the Kharif crop of the current season, a quantity of about 766 LMT Paddy has been estimated to be procured.

 

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