Chandigarh: Agrarian states Punjab and Haryana have procured over 173.21 lakh tonnes of paddy this season so far, Food and Supplies Department officials said on Saturday.
Punjab has procured over 118.18 lakh tonned of paddy while in Haryana, over 55 lakh tonnes have been procured.
Government agencies have procured 98.1 percent of the paddy arriving in grain markets in Punjab. In Haryana, government agencies have procured nearly 95 per cent of the paddy arrivals. The rest of the paddy has been procured by rice millers and traders.
The procurement of paddy began in both states on 1 October. The Reserve Bank of India has sanctioned an amount of nearly Rs 28,263 crore to Punjab to make payments to farmers for the paddy procured. The paddy arrival and procurement will continue till the end of November.
Both states are expecting a bumper crop this year.
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Updated Date: Oct 28, 2017 21:46:29 IST