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Punjab procures over 175 lakh tonnes paddy

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IANS Chandigarh

Agrarian states Punjab has procured over 175.5 lakh tonnes of paddy so far, Food and Supplies Department officials said here on Thursday.

Government agencies have procured 98.5 per cent of the paddy arriving in the grain markets in Punjab.

In neighbouring Haryana, over 67.5 lakh tonnes paddy has been procured, which is much higher than the 62.5 lakh tonnes paddy procured in the statein the corresponding period last year.

Both states are heading towards a record paddy procurement this season.

Punjab is expecting a record procurement this year compared with over 168 lakh tonnes of the bumper crop last year.

 

The procurement, which began in both states on October 1, will continue till November end.The Reserve Bank of India has sanctioned over Rs 33,800 crore for paddy procurement in Punjab in this kharif season.

--IANS

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First Published: Nov 23 2017 | 9:10 PM IST

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