Over 16% Increase In Paddy Procurement Over Previous Season: Govt

About 49.20 lakh farmers have already been benefitted from the ongoing RMS procurement operations with MSP value of Rs 85,603.57 crore.

Over 16% Increase In Paddy Procurement Over Previous Season: Govt

A total of 889.62 LMTs (lakh metric tonnes) of paddy (Kharif crop 718.09 LMT and Rabi crop 171.53 LMT) has been purchased in the ongoing season of Kharif 2020-21 against the last year's 764.39 LMT, an official statement said on Monday.

This purchase, as on September 5, has benefitted about 130.47 lakh farmers from the ongoing KMS procurement operations with MSP value of Rs 1,67,960.77 crore. Paddy procurement has reached at an all-time high level, surpassing previous high of 773.45 LMT in KMS 2019-20, the Consumer Affairs, Food & Public Distribution Ministry statement said.