The bonus on paddy announced by the Chhattisgarh government had cast a shadow over the export prospects of rice in the state.
The state government had announced a bonus of Rs 300 per quintal on paddy which would be procuring at minimum support price (MSP) from the farmers. While the move had cheered the farmers who would be getting a higher return, the rice traders in the state had been in distress.
The Centre has approved Rs 80 per quintal hike in paddy MSP at Rs 1,550 for common grade variety and Rs 1,590 for ‘A’ grade variety. The farmers