Government procures 61.7 mln tn paddy in 2022-23 kharif season

Government procures 61.7 mln tn paddy in 2022-23 kharif season

The government had purchased approximately 59.5 million tons of paddy as of the week ending January 14

FPJ Web DeskUpdated: Monday, January 23, 2023, 01:32 PM IST
article-image
Government procures 61.7 mln tn paddy in 2022-23 kharif season | Image: Wikipedia (Representative)

The government has procured 61.7 mln tn paddy at the minimum support price in the ongoing 2022-23 (Oct-Sep) kharif marketing season as of Thursday, the Department of Food and Public Distribution said in a post on Twitter.

The government had purchased approximately 59.5 million tons of paddy as of the week ending January 14.

According to the statement, the government has so far distributed 1.27 trillion rupees to 7.9 million farmers for the paddy purchases.

The minimum support price for paddy this kharif season has been increased by the government to 2,040 rupees per 100 kg from 1,940 rupees in the previous season.

RECENT STORIES

HAL Signs 1 Billion Deal With GE For 113 F404 Engines To Power LCA Mk1A Jets

HAL Signs 1 Billion Deal With GE For 113 F404 Engines To Power LCA Mk1A Jets

SEBI Flags More Than One Lakh Misleading Messages & Posts Circulating Across Digital Platforms

SEBI Flags More Than One Lakh Misleading Messages & Posts Circulating Across Digital Platforms

Credit Card Spending In India Rises 23% To ₹2.17 Lakh Crore, Reaching All-Time High For The First...

Credit Card Spending In India Rises 23% To ₹2.17 Lakh Crore, Reaching All-Time High For The First...

Adani's 2,400 MW Bhagalpur Power Project, With ₹30,000 Crore Outlay, Marks Turning Point In...

Adani's 2,400 MW Bhagalpur Power Project, With ₹30,000 Crore Outlay, Marks Turning Point In...

Tenneco Clean Air India Announces Price Band For Upcoming IPO, Aiming For Valuation Of ₹16,000...

Tenneco Clean Air India Announces  Price Band For Upcoming IPO, Aiming For Valuation Of ₹16,000...