Paddy procurement: Over ₹10,000 crore transferred into accounts of nearly 2.75L Punjab farmers, says govt
The minister further said that state mandis are witnessing arrivals of nearly 5.3 lakh MT of paddy in a day as of now. He also stated that more than 55.88 LMT paddy has arrived in the mandis till October 24, out of which nearly 53.95 LMT paddy has already been procured
Payments of ₹10,182.23 crore of minimum support price (MSP) have been transferred directly into the accounts of nearly 2.75 lakh farmers, food civil supplies and consumer affairs minister Lal Chand Kataruchak said on Wednesday.
He said 17 districts in the state have transferred more than 100% of payment of the due MSP, which is to be paid within 48 hours of purchase as per norms, three districts have disbursed more than 95% of the due payment, and the remaining three districts have also made more than 85% of due payment. He further stated on Dusshera (October 24) that as many as 1.20 crore bags of procured paddy was lifted from the mandis across the state.
The minister further said that state mandis are witnessing arrivals of nearly 5.3 lakh MT of paddy in a day as of now. He also stated that more than 55.88 LMT paddy has arrived in the mandis till October 24, out of which nearly 53.95 LMT paddy has already been procured.
