UP clocks highest paddy procurement figures of more than 5.15 MT

Uttar Pradesh has clocked the highest paddy procurement figures of more than 5.15 million tonnes (MT) with about five weeks still left in the current 2019-20 kharif marketing season.

While, the state has exceeded its paddy procurement target of 5 MT for the season due to brisk procurement and remunerative minimum support price (MSP), it has also upended the previous paddy purchase record of 4.83 MT logged last year.

Last season, the state could hardly achieve 3.5 MT of paddy procurement in the corresponding period. 

With 34 days remaining until the procurement process concludes by the end of February 2020, the net purchase