Punjab Lifts Over 23 Lakh MT Paddy in Kharif Season

By By Rediff Money Desk, Chandigarh
Oct 28, 2024 21:21
Punjab has lifted over 23 lakh MT of paddy in the ongoing kharif marketing season, with a record 4.13 lakh MT lifted in a single day. The state aims to procure 185 lakh MT of paddy this season.
Chandigarh, Oct 28 (PTI) The Punjab government on Monday said paddy lifting has picked up with a total of 23.30 lakh metric tonnes of the crop being lifted so far in the ongoing kharif marketing season.

"Till date, 59,79,723.94 metric tonne (MT) paddy has arrived in the mandis of the state out of which 54,98,389.72 MT has been procured,' said Food, Civil Supplies and Consumer Affairs Minister Lal Chand Kataruchak in a statement.

The lifting has picked up speed with a total 23,30,117.58 MT of paddy being lifted as of now and a record 4.13 lakh MT lifted in a single day on October 27, he added.

On payment to farmers, Kataruchak said an amount of Rs 7,640.55 crore has been credited into the accounts of farmers.

A target of procurement of 185 lakh metric tonne of paddy from Punjab has been fixed for the 2024-25 Kharif Marketing season.

Notably, paddy lifting from mandis (grain markets) in Punjab has been hit after the state rice millers refused to mill the paddy till their demands were met.

The rice millers expressed concern over the out-turn ratio (post-milling yield) of the PR-126 variety and other hybrid varieties, claiming that it will cause them huge losses. They were also demanding the evacuation of wheat and rice stock from the state to create more space for storing the fresh crop.
Source: PTI
Read More On:
punjabrice millerskharif marketing seasonpaddy liftingpr-126 variety
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

Tata Power Acquires 40% Stake in Bhutan's...

Tata Power has acquired a 40% stake in Bhutan-based Khorlochhu Hydro Power Limited for...

Air India Suspends Cabin Crew Over Room-Sharing...

Air India has suspended 10 cabin crew members for allegedly instigating protests...

Prestige Group Buys Land in Bengaluru for...

Prestige Group acquires 17.45 acres in Bengaluru's Whitefield for Rs 462 crore to...

Genesys International Reports Rs 11.2 cr Profit...

Genesys International, a digital maps and geospatial company, reported a consolidated...

Air India Flight Makes Emergency Landing After...

An Air India flight from Delhi to Colombo made an emergency landing due to a bomb...

Tata Cliq Luxury to Sell Bvlgari Products Online

Tata Cliq Luxury partners with Bvlgari to launch the Italian jeweler's first digital...

Bharti Airtel Announces Leadership Changes:...

Bharti Airtel announces key leadership changes, with Shashwat Sharma named MD and CEO,...

Mumbai Airport Winter Schedule: 3,372 Flights...

Mumbai Airport announces a 2% increase in flights for the winter season, reaching 3,372...

CAMS Profit Surges 45% to Rs 122 Crore in Q2 FY25

CAMS, a leading registrar and transfer agent for mutual funds, reported a 45% rise in...

WTO Delays Ruling on India's ICT Import Duties

The WTO has again delayed a ruling on India's import duties on certain information and...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2024 Rediff.com