Quoting the CM, an official release said that there is a record and bountiful paddy production this year for the first time in the history of Telangana and as a result heavy quantities of paddy are reaching the Civil Supplies Purchasing Centres.
"He (KCR) said the state government is ready to spend any amount of money to purchase the Paddy and asked officials to arrange for the immediate payments to farmers without causing any delay. The CM said though the state government is releasing funds, it is taking sometime for the money to reach farmers and this delay should be eliminated," the release said.
The officials informed the CM that last year the procurement was 9 lakh tonnes and this year as of now, as much as 37 lakh tonnes of Paddy has already been procured and another 2 lakh tonnes is expected at the centres.
So far, 37 lakh tonnes of Paddy has been purchased at a cost of Rs 5,300 crore and of this, Rs 4,000 crore has already been paid to farmers. The CM asked the officials to pay the rest of Rs 1000 crore immediately, the release further said.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
