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Paddy Procurement Jumps Around 20% On Year

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Capital Market
In the ongoing Kharif Marketing Season (KMS) 2020-21, Government continues to procure Kharif 2020-21 crops at its MSP from farmers as per its existing MSP Schemes. Paddy procurement for Kharif 2020-21 has progressed smoothly in the procuring States & UTs of Punjab, Haryana, Uttar Pradesh, Telangana, Uttarakhand, Tamil Nadu, Chandigarh, Jammu & Kashmir, Kerala, Gujarat, Andhra Pradesh, Chattisgarh, Odisha Madhya Pradesh, Maharashtra and Bihar with purchase of over 350.29 LMTs of paddy up to 07.12.2020 against the last year corresponding purchase of 292.37 LMT showing an increase of 19.81 % over last year. Out of the total purchase of 350.29 LMT, Punjab alone has purchased 202.77 LMT till the close of procurement season in the state on 30.11.2020 which is 57.88 % of total procurement in the country.

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First Published: Dec 09 2020 | 12:31 PM IST

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