Centre buys paddy worth Rs 27,995 crore in Punjab from 6.8 lakh farmers [Video]

Food Corporation of India (FCI) and state agencies have procured 120.67 lakh metric tonne (LMT) paddy in Punjab during the ongoing kharif marketing season (KMS) 2024-2025 (as of November 8) worth Rs 27,995 crore, the government said on Saturday.

A total quantity of 126.67 LMT of paddy arrived in the Punjab mandis as of November 8, out of which 120.67 LMT has been procured by state agencies and the FCI.

The paddy is being purchased at MSP Rs 2,320 per quintal as decided by government for Grade ‘A’ paddy and the total paddy purchased by till date in the ongoing KMS 2024-25, amounts to Rs 27,995 crore benefitting around 6.58 lakh farmers in Punjab.

According to the government, 4,839 millers have applied for shelling of paddy and 4,743 millers have already been allotted work by Punjab state government.

The Ministry of Consumer Affairs, Food and Public Distribution said that the procurement of Paddy …