New Delhi, The government’s paddy procurement has crossed the 700 lakh tonne mark in the ongoing 2022-23 kharif marketing season so far, according to the Food Ministry.
The government aims to procure 765.43 lakh tonnes of paddy in the 2022-23 kharif marketing season (October-September). The actual procurement stood at a record 749 lakh tonnes in the previous kharif marketing season.
The paddy procurement is undertaken by both state-owned Food Corporation of India (FCI) and private agencies. The paddy is procured at the minimum support price (MSP) directly from the farmers and is utilised for meeting the demand under several welfare schemes.PTI