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 Slams BBC Over Pahalgam Coverage

Several social media users pointed out that the BBC’s headline appeared misleading, giving the impression as if “India killed the tourists.”…reports Asian Lite News India has written to a leading British public

India, France Set to Seal Rafale Deal

Estimated cost of this deal is valued at around Rs 63,000 crore…reports Asian Lite News India and France will on Monday sign the deal for 26 Rafale fighter jets for the Indian

Starmer calls Modi, condemns terror attack 

Starmer conveyed his condolences on the loss of innocent lives to Prime Minister Modi  India’s Prime Minister Narendra Modi received a call from the United Kingdom’s Prime Minister Keir Starmer, who strongly
Go toTop

Don't Miss

Captain Amarinder Singh to join BJP on Monday

The development comes days after Singh met Union Home Minister

Maryam Nawaz Becomes First Female CM of Punjab

She also added that the PML-N’s key objectives during her