HomeNewsBusinessEconomyGovt buys 291 lakh tonnes of paddy for Rs 57,032 crore so far in 2021-22 kharif marketing year

Govt buys 291 lakh tonnes of paddy for Rs 57,032 crore so far in 2021-22 kharif marketing year

A quantity of 290.98 lakh tonnes of paddy has been procured in KMS 2021-22 till November 30. "Till now about 18.17 lakh farmers have been benefitted with MSP value of Rs 57,032.03 crore," the statement said.

December 03, 2021 / 08:29 IST
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Representative image
Representative image

The government has procured paddy worth Rs 57,032 crore so far in the 2021-22 kharif marketing season. "The paddy procurement is progressing smoothly in Kharif Marketing Season (KMS) 2021-22 at MSP from farmers, as was done in previous years," an official statement said.

A quantity of 290.98 lakh tonnes of paddy has been procured in KMS 2021-22 till November 30. "Till now about 18.17 lakh farmers have been benefitted with MSP value of Rs 57,032.03 crore," the statement said.

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Kharif marketing season runs from October to September. In Uttar Pradesh, about 14.72 crore National Food Security Act (NFSA) beneficiaries are covered under the PM Garib Kalyan Anna Yojana (PM-GKAY).

In Uttar Pradesh, about 14.72 crore National Food Security Act (NFSA) beneficiaries are covered under the PM Garib Kalyan Anna Yojana (PM-GKAY). Separately, the government said that under the PM-GKAY scheme, the food ministry had allocated a total of almost 139.14 lakh tonnes of foodgrains to Uttar Pradesh, incurring an estimated total subsidy of Rs 43,335 crores.