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LATEST NEWS UPDATES | Rice procurement reaches 238.8 lakh tonnes

Rice procurement reaches 238.8 lakh tonnes

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published Published on Dec 31, 2018   modified Modified on Dec 31, 2018
-PTI

The government has procured 238.8 lakh tonnes of rice in the current 2018-19 marketing season so far, with purchase in Punjab and Haryana almost over, according to official data. The rice procurement target for the current season (October-September) has been fixed at 375 lakh tonnes.

In the previous year, total rice procurement stood at 381.8 lakh tonnes.

Procurement is undertaken by state-run Food Corporation of India (FCI) and State agencies for the central pool to meet the requirements of the food security law. Rice is purchased at the minimum support price (MSP).

Data from States

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

In Telangana, rice procurement has touched 22.46 lakh tonnes, while in Uttar Pradesh it is 13.28 lakh tonnes, and 10.7 lakh tonnes in Andhra Pradesh so far, the data showed. A Food Ministry official said procurement operations in Punjab and Haryana are almost complete.

Please click here to read more.

The Hindu Business Line, 30 December, 2018, https://www.thehindubusinessline.com/economy/agri-business/rice-procurement-reaches-2388-lakh-tonnes/article25866052.ece?homepage=true


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