Chhattisgarh procures 6.84 MT of paddy, set to achieve Kharif season target

Paddy procurement in the state started on December 1 and would continue till February 15

Lush green paddy fields of the Kaveri delta
Representative Image
R Krishna Das Raipur
2 min read Last Updated : Feb 04 2020 | 6:44 PM IST
Chhattisgarh government has procured over 6.84 million tonnes (MT) of paddy as against the target of 8.5 MT set for the 2019-20 kharif marketing season.

Paddy procurement in the state started on December 1 and will continue till February 15. Chhattisgarh is among the few states in the country that purchase paddy from the farmers paying minimum support price (MSP) for the yield.

The state government announced that it would pay bonus to farmers later to ensure that they got Rs 2500 for a quintal of their yield. The process will result in the flow of liquidity in the rural economy.

Food department officials informed that as of now, Rs 11,973 crore had been paid directly to the farmers against the paddy purchased. The money had been transferred to the farmers' bank accounts.

In all, 1,952,736 farmers had registered in the societies to sell their yield in the Kharif marketing year 2019-20. The number is 256,000 more than those registered in the previous season. Of the registered farmers, 1.6 million had sold paddy in the societies. Among them, 1.3 million are small and marginal farmers.

The number of farmers selling their produce has already surpassed the previous year’s figure. 

The authorities kept a close vigil on the borders as paddy flow from the neighbouring states was feared following high price for the yield in Chhattisgarh. As of now, 4280 cases of illegal transportation of paddy have been registered and 45,930 tonnes of paddy seized.

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 :ChattisgarhPaddy procurementPaddy Chhattisgarh

Next Story