Chhattisgarh deposits about 91% of targeted rice in central pool

Chhattisgarh has delivered a record quota of rice to the FCI and Civil Supplies Corporation by undertaking custom milling and paddy procurement simultaneously

Rice, Food Corporation of India
Chattisgarh’s state marketing federation (MARKFED) earned Rs 8,000 crore as compared to the previous year
R Krishna Das Raipur
3 min read Last Updated : Sep 15 2022 | 11:36 PM IST
Chhattisgarh has deposited about 91 per cent of the rice against the target given for the central pool in the kharif marketing season (KMS) of 2021-22.

The state has deposited 5.93 million metric tonnes of custom milled rice (CMR) as on September 9 to the central pool as against the target of 6.52 million metric tonnes set for the season 2021-22, state government officials said. CMR is manufactured by milling the paddy procured by State government agencies and the Food Corporation of India (FCI).

In states like Andhra Pradesh, Telangana, Punjab, Haryana, Chhattisgarh, Odisha, MP, Tamil Nadu, Maharashtra, UP, and Bihar, paddy is mainly bought by state or state agencies. The resultant rice is delivered to the state government and FCI after getting the paddy milled. The state agencies procure paddy whereas FCI procures 70 per cent of total rice procured for the central pool.

In a first, Chhattisgarh has delivered a record quota of rice to the FCI and Civil Supplies Corporation by undertaking custom milling and paddy procurement simultaneously. After Punjab and Telangana, Chhattisgarh is the highest contributor of rice to the central pool in the current KMS.

Chhattisgarh Food Secretary Topeshwar Verma informed that in the Kharif marketing year 2021-22, a record 9.79 million metric tonnes of paddy had been procured at the support price. “Timely lifting and milling of the procured paddy were big challenges but under the guidance of Chief Minister Bhupesh Baghel, a well-managed system with a proper strategy was implemented,” added Verma.

As a result, for the first time, the entire quantity of paddy stored in the state was lifted from the procurement centres in the months of April-May and from the storage centre in June. The lifting of paddy for custom milling was completed even before the onset of rains. Record lifting of paddy by the millers directly from the procurement centres has made a significant reduction in the transportation expenditure, drying of paddy and, the cost of protection and maintenance.

According to officials, Chattisgarh’s state marketing federation (MARKFED) earned Rs  8,000 crore as compared to the previous year. It has also saved Rs 100 crore of interest owed to banks by repaying the loan within time.

Officials said only 0.58 million metric tonnes of rice are due to be deposited in CMR. They said 9.73 million metric tonnes of paddy has been supplied to the millers for custom milling, against which they have to deposit 6.52 million metric tonnes of rice. CMR’s target of depositing rice is expected to be completed by the end of September.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :ChhattisgarhRICEChhattisgarh government

Next Story