Paddy procurement jumps by 10% to 54.19 million tonnes: Food Ministry
- IBEF
- January 5, 2023
According to the data shared by the Food Ministry of India, the paddy procurement of the government for the central pool has jumped by approximately 10% to 54.19 million tonnes in the ongoing 2022-23 Kharif marketing season (October-September). The top contributors to the central pool are Punjab, Chhattisgarh, Haryana, and Telangana. The government aims to procure 775.72 lakh tonnes of paddy in the current Kharif marketing season, while the actual procurement stood at 759.32 lakh tonnes in the previous Kharif marketing season.
The paddy procurement increased in Chhattisgarh from 55 lakh tonnes to 82.89 lakh tonnes, in Haryana from 54.50 lakh tonnes to 58.96 tonnes, in Madhya Pradesh from 22.42 lakh tonnes to 34.50 lakh tonnes, and in Uttar Pradesh from 42.72 lakh tonnes to 42.96 lakh tonnes, as compared to the year-ago period. The decline was also witnessed in the paddy purchase in Punjab and Telangana.
Paddy is grown in both, Kharif (summer) and rabi (winter) seasons, but 80% of the production comes from the Kharif season. The paddy procurement is undertaken by both the state-owned Food Corporation of India (FCI) and private agencies. It is procured at the minimum support price directly from farmers and is utilised for meeting the demand under several welfare schemes.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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