Govt rice procurement reaches 238.8 lakh tons so far

Press Trust of India  |  New Delhi 

The government has procured 238.8 lakh tonnes of in the current 2018-19 marketing season so far, with the buying in and almost over, according to data.

Procurement is undertaken by state-run Corporation of (FCI) and state agencies for the central pool to meet the requirement of Rice is purchased at the minimum support price (MSP).

According to FCI data, rice procurement has reached 113.3 lakh tonnes in Punjab, 39.09 lakh tonnes in and 22.42 lakh tonnes in so far.

Rice procurement has touched 22.46 lakh tonnes in Telangana, 13.28 lakh tonnes in and 10.7 lakh tonnes in so far, the data showed.

A Ministry said the procurement operation in and is almost complete.

The buying in Chhattisgarh, where farmers had stopped selling their produce in anticipation of a hike in MSP, has resumed after the new government in the state implemented its poll promise.

The rice purchase in eastern states such as and normally starts from January.

At present, the government is procuring rice grown in the kharif season of this year.

Rice output is pegged at 99.24 million tonnes during the 2018-19 kharif season, as against 97.50 million tonnes in the year-ago period, as per the Agriculture Ministry's first crop estimate.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, December 30 2018. 11:45 IST