Govt's paddy procurement increases by 12% at 17.05 mn tonnes till Oct

The government's paddy procurement for the central pool rose 12 per cent to 17.05 million tonnes till October of the ongoing 2022-23 kharif marketing season, according to the food ministry data

Farmers, Paddy field, agriculture
Press Trust of India New Delhi
3 min read Last Updated : Nov 01 2022 | 5:34 PM IST

The government's paddy procurement for the central pool rose 12 per cent to 170.53 lakh tonnes till October of the ongoing 2022-23 kharif marketing season, according to the food ministry data.

Higher quantities of paddy were purchased from Punjab, Haryana and Tamil Nadu.

Normally, paddy procurement begins immediately after the withdrawal of the Southwest monsoon from October onwards. However in southern states, especially in Kerala and Tamil Nadu, it begins from September.

The government aims to procure 771.25 lakh tonnes of paddy in the 2022-23 kharif marketing season (October-September). The actual procurement stood at record 759.32 lakh tonnes in the previous kharif marketing season.

According to the official data, the overall paddy buying has increased to 170.53 lakh tonnes till October 31 of the 2022-23 kharif marketing season from 152.57 lakh tonnes in the year-ago period.

Out of the total, about 107.24 lakh tonnes of paddy has been purchased from Punjab till October-end compared to 99.12 lakh tonnes in the year-ago period. From Haryana, 52.26 lakh tonnes were bought as against 48.27 lakh tonnes in the same period a year ago.

However, in Uttar Pradesh, paddy procurement remained lower at 33,668 tonnes till October-end of this kharif marketing season as against 83,766 tonne in the year-ago period, the data showed.

The procurement in Uttarakhand remained slightly higher at 2.46 lakh tonnes as against 2.35 lakh tonnes. In Jammu and Kashmir, the procurement was higher at 11,170 tonnes as against 6,756 tonnes in the same period a year ago.

In Himachal Pradesh, the paddy procurement, however, has been slightly lower at 6,111 tonnes till October of this season as against 7,374 tonnes in the year-ago period.

As per the data, in Tamil Nadu, about 7.90 lakh tonnes of paddy have been procured till October-end of this kharif marketing season as against 1.77 lakh tonnes in the year-ago period.

In Kerala, 4,159 tonnes of paddy have been purchased till the end of October compared to 5,203 tonnes in the year-ago period.

The paddy procurement is undertaken by both state-owned Food Corporation of India (FCI) and private agencies. The paddy is procured at the minimum support price directly from the farmers and is utilised for meeting the demand under several welfare schemes.

Paddy is grown in both kharif (summer) and rabi (winter) seasons. But 80 per cent of the country's total paddy production comes from the kharif season.

According to the first estimate of the agriculture ministry, the country's paddy production is estimated to decline 6 per cent to 104.99 million tonnes in the 2022-23 kharif season due to decrease in paddy acreage in the wake of poor rains in key producing states, especially in Jharkhand.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*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

More From This Section

Topics :Paddy procurementKharif season

First Published: Nov 01 2022 | 5:34 PM IST

Next Story