Rice price may surge as Chhattisgarh govt announces bonus on paddy

Move will help farmers earn Rs 1,850 a quintal for common grade and Rs 1,890 for 'A' grade variety

The bonus on paddy crops announced by the Chhattisgarh government would result in the marginal hike of rice price in the state.

The state government had announced a bonus of Rs 300 per quintal on paddy that it would be procuring at minimum support price (MSP) from the farmers. The farmers would get the bonus for two years. Starting from the produce sold in the last kharif marketing season 2016-17.

The decision would help the farmers in Chhattisgarh to earn Rs 1,850 per quintal for common grade and Rs 1,890 for 'A' grade variety of paddy given the procurement at