Centre to procure 17.8% more rice in 2020-21
Amid talks that Centre would curb MSP procurement after the passage of new farm Ordinances, the government on Monday said it planned to procure 17.8 per cent more rice in 2020-21 season estimated at 49.53 million tonnes (mt). This will be at the 2020-21 MSP of Rs 1,868/quintal for common paddy and Rs 1,888/quintal for Grade A, which is Rs 53 more than FY20. In FY20, Centre procured a record 42.02 mt of rice. BS Reporter
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