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Paddy Procurement Touches All Time High Of 805 LMT

Paddy and wheat procurements have went up for the ongoing season
Paddy and wheat procurements have went up for the ongoing season

Paddy procurement in the ongoing kharif season kharif 2020-21 has touched an all time high of 805 LMT, surpassing the previous high of 773.45 LMT, according to a statement issued by the Ministry of Consumer Affairs and Public Distribution.

Official sources said that paddy procurement is continuing smoothly in the procuring states with purchase of 805.21 LMTs of paddy (which also includes kharif crop 706.93 LMT and Rabi Crop 98.28 LMT) till June 4, 2021 against last year's corresponding purchase of 732.40 LMT.

About 119.42 lakh farmers have already benefitted from the ongoing procurement operations with minimum support price (MSP) value of Rs 1,52,022.37 crore.

Similarly, procurement of wheat in the ongoing season of 2021-22 has been 413 LMT till June 4, which is also an all time high, compared to the previous high 389.92 LMT of 2020-21.