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Paddy procurement operations in KMS 2022-23 progresses smoothly; 830 LMT paddy procured till 19th June 2023

in Business June 21, 2023 Comments Off on Paddy procurement operations in KMS 2022-23 progresses smoothly; 830 LMT paddy procured till 19th June 2023 223 Views

Newdelhi:21/6/23:Paddy procurement by the Government of India during the Kharif Marketing Season (KMS) 2022-23 has progressed smoothly. More than 830 Lakh Metric Ton (LMT) paddy has been procured for Central Pool up to 19.06.2023 under Minimum Support Price (MSP) operations. Over 1.22 crore farmers have so far benefited from the ongoing paddy procurement operations of KMS 2022-23 with MSP outflow of Rs. 1,71,000 crore transferred directly into their accounts.

The Government has ensured that all arrangements are in place for hassle-free procurement operations. Rice delivery against the procured paddy is also in progress and against the procurement of 830 LMT paddy (558 LMT in terms of Rice), around 401 LMT rice has been received in the Central Pool upto 19.06.2023 with another 150 LMT yet to be received.

Wheat procurement during the ongoing Rabi Marketing Season (RMS) 2023-24 has also progressed smoothly. The progressive procurement of wheat in the current season upto 19.06.2023 is 262 LMT which is well above last year’s total procurement of 188 LMT by 74 LMT. About 21.29 Lakh farmers have already benefited from the ongoing wheat procurement operations with MSP outflow of about Rs. 55,680 crores. Major contribution in the procurement has come from three procuring states of Punjab, Madhya Pradesh and Haryana with procurement of 121.27 LMT, 70.98 LMT and 63.17 LMT respectively.

The MSP payment to the farmers this year for the procurement of wheat and paddy combined is Rs. 2,26,829 crore against last year’s total payment of Rs. 2,05,896 crore.

With the current procurement of wheat and rice, adequate food grains stock in Government granaries is maintained. The combined stock position of wheat and rice has reached 570 LMT which puts the country in a comfortable position to meet its requirements of food grains.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
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