November 10, 2024 6:55 AM.
The government has procured over 120 lakh metric tonnes (LMT) of paddy in Kharif Marketing Season (KMS) 2024-25 till Nov 8 and has benefitted 6.58 lakh farmers in Punjab with a Minimum Support Price (MSP) value of 27,995 crore rupees.
The Ministry of Consumer Affairs, Food, and Public Distribution said that the paddy is being purchased at an MSP of 2320 rupees per quintal as decided by the government for Grade ‘A’ paddy.
It added, that 4839 millers have applied for shelling of paddy, and 4743 millers have already been allotted work by the Punjab State Government.
The Central Government has fixed an estimated target of 185 LMT for Paddy Procurement for the ongoing KMS 2024-25, which will continue till the end of this month.