Paddy bonus fails to boost Diwali market in Chhattisgarh

The bonus announced by the Chhattisgarh government for the farmers failed to give momentum to the Dhanteras-Diwali market that traders were expecting in the poll-bound state.

Over 1.3 million farmers in the state are the beneficiaries of the bonus. They would be eligible to get Rs 300 per quintal for the paddy that state-run agency would procure at the minimum support price (MSP) in the ongoing kharif season 2018-19.

Chhattisgarh is among a few states in the country procuring paddy from the farmers at MSP. This year, the state government has set a target to procure 7.5 million tonnes of