Paddy MSP

In a remarkable achievement, fine variety paddy (sanna vadlu) cultivation in Telangana has gone up by 61 per cent to four million acres this kharif season compared to 2.5 million acres during the same period last year, government sources said on Sunday. In a social media post, Chief Minister A Revanth Reddy complimented farmers and said for the first time after the formation of Telangana, despite the Kaleshwaram Project not being in a position to store water, paddy was harvested at a record level. The reason for increase in the acreage (fine paddy) is attributed to the Rs 500 bonus per quintal for the fine variety paddy announced by the Congress government in the state as part of its poll promise, sources said. The state government has announced the Rs 500 bonus on the minimum support price (MSP) on the fine variety paddy from this season. As a result, the cultivation area of sanna vadlu has increased by 61 per cent compared to last time, they said. On the other hand, the ...

The Centre has procured 120.67 lakh tonnes of paddy so far from Punjab, or 65 per cent of the estimated target, according to an official statement issued on Saturday. The central government has fixed an estimated target of 185 lakh tonnes for paddy procurement for the ongoing KMS (kharif marketing season) 2024-25 which will continue till November 30. "A total quantity of 126.67 lakh tonnes of paddy has arrived in the Punjab mandis as of 8th November 2024, out of which 120.67 lakh tonnes has been procured by state agencies and Food Corporation of India (FCI)," the statement said. The paddy is being purchased at MSP (minimum support price) of Rs 2,320 per quintal as decided by the Government of India for Grade 'A' paddy. "The total paddy purchased by the government till date in the ongoing KMS (kharif marketing season) 2024-25, amounts to Rs 27,995 crore benefitting around 6.58 lakh farmers, in Punjab," the statement said. Further, 4,839 millers have applied for shelling of paddy an

In response, Punjab Chief Minister Bhagwant Mann called on the Central Government to assist with paddy procurement to clear the state's mandis and facilitate wheat production for the upcoming harvest

The state has set a new record target to procure 16 mt of paddy at MSP in the kharif marketing season 2024-25 compared to the procurement of 14.5 mt paddy in the last kharif marketing season

The Uttar Pradesh government will commence paddy procurement across the state starting October 1 and payments to farmers will be processed within 48 hours of the sale. The process will roll out in phases, beginning in western Uttar Pradesh and extending to the eastern districts later in the month, according to an official statement issued here on Monday. Procurement will start on October 1 in the districts of Hardoi, Lakhimpur Kheri and Sitapur. It will be followed by procurement in Lucknow, Rae Bareli and Unnao from November 1, among others, the statement added. "Paddy procurement will continue until January 31, covering various districts including Meerut, Saharanpur, Moradabad, Bareilly, Agra, Aligarh and Jhansi," it stated. The minimum support price (MSP) for paddy has been set at Rs 2,300 per quintal, while the price for grade A paddy stood at Rs 2,320 per quintal. Additionally, farmers will receive a reimbursement of Rs 20 per quintal for unloading, sieving and cleaning their

Export of white rice allowed at minimum export price of $490 per tonne; export duty on parboiled rice cut from 20% to 10%

Area sown to paddy has increased by 2.22 per cent to 413.50 lakh hectares so far in the ongoing 2024-25 kharif (summer) season, the agriculture ministry said on Monday. In the year-ago period, area under paddy was 404.50 lakh hectares. Sowing of paddy, the main kharif crop, begins with the onset of southwest monsoon from June, and harvesting takes place from September. Additionally, area sown to pulses increased to 128.58 lakh hectare till September 23 of the ongoing season, from 119.28 to pulses in the same period last year, the ministry said in a statement. Area sown to 'arhar' and 'moong' reported higher area at 46.50 lakh hectare and 35.46 lakh hectare, respectively, while area under urad was slightly lower at 30.73 lakh hectare so far in the current season. Area under coarse cereals and 'Shree Anna' (millets) increased to 192.55 lakh hectare from 186.07 lakh hectare in the year-ago period. Among coarse cereals, area under maize rose to 88.06 lakh hectare from 84.65 lakh ...

Overall, till August 30 kharif crops have been sown in around 108.73 million hectares which was almost 2 per cent more than the same period last year

The new MSP for paddy is Rs 2,300 per quantal for the 2024-25 kharif marketing season

The debate becomes relevant in the light of a recent paper by ICAR's NAIP, which says over-extraction of groundwater has continued in spite of the two Acts

The paper calls for better post-harvesting facilities for quicker adoption of DSR technique

A Business Standard analysis looks at the MSP of these five crops and also wheat and paddy (the ones which few among the five aim to replace)

In the current kharif marketing season 2023-24, the state has paid nearly Rs 11,200 crore to the farmers against paddy procurement under the MSP formula

Data on the number of farmers isn't comparable as no record was maintained before 2015-16

Chhattisgarh to purchase 13 MT of paddy from farmers at MSP. The paddy procurement started on November 1, last year, and will continue till January 31, 2024

If states have to fall in line with MSPs declared by political parties, they will have to do so in violation of this central order or bear the full expense of the surplus procured at above MSP rates

The government on Thursday said 161.47 lakh tonne of kharif paddy has been procured directly from the farmers at the support price so far, and the buying operation is progressing smoothly. Paddy procurement is undertaken by the state-run Food Corporation of India (FCI) along with state agencies. The agencies are procuring paddy grown in the kharif (summer) season at the minimum support price (MSP). "Up to November 1, a quantity of 161.47 lakh tonne of paddy has been procured, benefitting about 9.33 lakh farmers with MSP value of Rs 35,571.14 crore," the food ministry said in a statement. The 2023-24 kharif marketing season, which runs from October to September is "progressing smoothly," it said. The agencies procure paddy from farmers and mill it later to get it in rice form. The ministry is targeting is procure 521.27 lakh tonne of rice in the kharif marketing season, out of which 20.76 per cent (108.23 lakh tonne) has already been procured from Punjab, Haryana and Tamil Nadu.

The Haryana Cabinet on Wednesday approved a paddy stubble management policy, aimed to harness the straw for sustainable energy and eliminate crop residue burning by 2027. The "Haryana Ex-Situ Management of Paddy Straw Policy 2023" is aimed to harness paddy straw for sustainable energy and eliminate crop residue burning by 2027, said an official statement after a meeting of the cabinet, which was held under the chairmanship of Chief Minister Manohar Lal Khattar. After the cabinet meeting, Khattar said that this policy marks a significant stride in promoting efficient paddy straw utilization while discouraging harmful residue burning. Aligned with the government's commitment to harness energy from paddy straw and reduce its environmental impact, this comprehensive policy establishes an end-to-end ecosystem for paddy straw use, he said. On the paddy straw generated annually, it has the potential to generate electricity, biogas, bio-CNG, bio-manure, biofuels, and ethanol. Ensuring a ..

Paddy procurement will commence on October 1 and continue till February 2024, starting with western UP and later cover the eastern part as well

Higher rice planting in India, the world's second biggest producer of the grain, could alleviate concerns about supplies of the staple