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

UNSC Grills Pakistan Over Pahalgam Attack

Though Pakistan claimed that the meeting largely served and achieved the objectives of the UNSC’s meeting, reports showed that it flopped miserably…reports Asian Lite News The United Nations Security Council (UNSC) reportedly

Azeez Bags Top Kerala Media Award

Anasudhin Azeez serves as the executive editor and managing director of London Daily, a newspaper headquartered in Fleet Street, London. British-Indian journalist Anasudhin Azeez has been chosen as first recipient of the

India Eyes Top 5 Spot in Global Entertainment

With focused investments, policy support, and infrastructural upgrades, India is on track to position itself as one of the top five live entertainment destinations globally by 2030…reports Asian Lite News Fueled by

Milan Protest Against Pahalgam Terror Strike

Indian diaspora all across the world have protested against the Pahalgam terror attack on April 22 in which 26 people were killed. ..reports Asian Lite News In a strong show of solidarity, more
Go toTop

Don't Miss

Baisakhi: Embracing the spirit of unity in diversity

India, being an agrarian country, has a deep connection with

Reverse Migration of Sikhs Back to Punjab

This incident served as yet another stark reminder of the