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

India emerges as a global humanitarian powerhouse

India’s steady evolution into a global humanitarian leader reflects a fusion of compassion, strategy, and capability — a quiet revolution redefining power through empathy and decisive action. India’s foreign policy has undergone

Tel Aviv Halts Progress on West Bank Bills

The vote was carried out during US Vice-President J.D. Vance’s visit to the country….reports Asian Lite News Israel has frozen the West Bank annexation bills that had cleared a preliminary vote in

India Hails Trump’s Role in Gaza Deal

Delhi credits Washington for reviving hopes of Middle East stability…reports Asian Lite News India has praised US President Donald Trump for his role in securing the landmark Gaza agreement, saying the move

Piyush Goyal Woos German CEOs to Invest in India

Goyal is in Germany to engage with CEOs and industry leaders to boost bilateral trade and investment….reports Asian Lite News Commerce and Industry Minister Piyush Goyal met several top CEOs and industry
Go toTop

Don't Miss

India’s oldest train Punjab Mail turns 110

She steamed out of Bombay’s Ballard Pier Mole station —

Govt Expedites 17 Major Infra Projects Across North 

At the heart of this initiative is the Department for