October 5, 2023
1 min read

Over 12 Lakh Metric Tonnes of Paddy Procured, Benefit for Thousands of Farmers

A quantity of 2.01 LMT wheat from 481 depots and 4.87 LMT rice from 264 depots were offered from across the country under the auction…reports Asian Lite News

A quantity of 2.01 LMT wheat from 481 depots and 4.87 LMT rice from 264 depots were offered from across the country under the auction.

Around 12.21 lakh metric tonnes (LMT) of paddy has been procured in the states of Tamil Nadu, Punjab and Haryana, benefitting 99,675 farmers with MSP (minimum support price) value of Rs 2,689.77 crore.

This procurement was done till October 3, 2023 under the kharif marketing season 2023-24, official sources said.

Meanwhile 1.89 LMT of wheat and 0.05 LMT rice was sold to 2,255 bidders during the 15th e-auction conducted under the open market sale scheme (domestic) held on Wednesday (October 4). 

A quantity of 2.01 LMT wheat from 481 depots and 4.87 LMT rice from 264 depots were offered from across the country under the auction.

As a part of Centre’s initiative for market intervention to control the retail price of rice, wheat and atta, weekly e-auctions of both wheat and rice are being organised. 

In the e-auction, 2,447 empanelled buyers participated for both wheat and rice.

ALSO READ-Questions Loom Over UK Sikh Separatist Avtar Khanda’s Death

Previous Story

Punjab Congress Chief Firmly Opposes Land Survey

Next Story

Kerala HC Orders CBI to Reinvestigate Violinist Balabhaskar’s Death

Latest from India News

UAE, India join on child services

The United Arab Emirates and India have opened discussions to enhance cooperation in integrated child development services, focusing on early childhood education, nutrition, and child participation initiatives. The talks took place on

‘It’s Mind Over Technique’

Gill said the quick white-ball to red-ball switch was more mental than technical, adding he focused on defence and getting in the zone….reports Asian Lite News India’s Test captain Shubman Gill, who

Para Glory for India

Paul Fitzgerald, head of World Para Athletics, and IPC president Andrew Parsons praised India’s recent growth in sports, including para sports….reports Asian Lite News India’s Paralympic movement has made rapid, huge strides
Go toTop

Don't Miss

In Punjab, 328 candidates vie for 13 seats  

The state will go to the polls in a single

New Punjab ‘Captain’ has six new faces in Cabinet

Governor Banwarilal Purohit administered the oath of office to the