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Govt procures paddy worth Rs 81,400 crore; purchase in volume terms up 23%

 The Union government on December 23 reported that paddy acquirement expanded by 23 percent in the progressing Kharif promoting season to 431.14 lakh ton, esteemed at Rs 81,399.80 crore. 



The public authority has secured paddy from states, for example, Punjab, Haryana, Uttar Pradesh, Telangana, Uttarakhand, Tamil Nadu, Chandigarh, Jammu and Kashmir, Kerala, Gujarat, Andhra Pradesh, Odisha, Madhya Pradesh, Maharashtra and Bihar, an official assertion by the Ministry of Consumer Affairs said . The paddy has been secured at Minimum Support Price (MSP). 


Paddy acquirement up 21% at 375.72 lakh tons up until this point; esteemed at almost Rs 71,000 crore 


The most recent acquisition is 23 percent higher than in 2019, when 350.04 LMT of paddy was secured. About 51.90 lakh ranchers have just been profited by the progressing acquisition tasks. 


"Out of the complete acquisition of 431.14 LMT, Punjab alone has bought 202.77 LMT till the end of obtainment season in the state on 30.11.2020 which is 47.03 percent of absolute acquirement in the nation," the assertion added. 


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The service said Food Corporation of India (FCI) and state offices have bought 431.14 lakh ton of paddy up to December 22 against 350.04 lakh ton on a year-on-year premise. 


Aside from this, the public authority added that by December 22, 62,95,350 seed cotton (kapas) bunches esteemed at Rs 18,415.48 crore have been acquired, profiting 12,20,588 ranchers. They have been secured from Punjab, Haryana, Rajasthan Madhya Pradesh, Maharashtra, Gujarat, Telangana, Andhra Pradesh, Odisha and Karnataka. 


Additionally, nodal organizations like FCI and others have secured 217449.62 MT of moong, urad, groundnut units and soybean having a MSP estimation of Rs 1164.71 crore, profiting 1,18,600 ranchers in Tamil Nadu, Maharashtra, Gujarat, Haryana and Rajasthan.

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