Punjab Rice Evacuation: Centre Provides Month-Wise Plan

By By Rediff Money Desk, New Delhi
Oct 23, 2024 15:17
The Centre has allocated maximum rail rakes to Punjab to expedite rice evacuation, addressing storage constraints and facilitating fresh paddy procurement.
New Delhi, Oct 23 (PTI) The Centre on Wednesday said it has provided a month-wise plan allocating maximum rail rakes to Punjab for expedited evacuation of existing rice stocks, as the state grapples with storage constraints affecting fresh paddy procurement.

Punjab, which currently holds 130 lakh tonnes of rice, faces logistics hurdles as it aims to procure 124 lakh tonnes in the current season. Officials report 32 lakh tonnes of paddy have been purchased since October 1.

"The highest priority has been given to Punjab and Haryana for evacuation of the stock," Union Food Minister Prahlad Joshi told reporters, addressing concerns over procurement delays.

He emphasised that a detailed space-creation strategy has been shared with the state government.

"We have given a detailed plan to the Punjab government on creation of space. ...Highest number of rakes have been provided...," he added.

The minister reiterated the Centre's commitment to procure 185 lakh tonnes of paddy, equivalent to 124 lakh tonnes of rice, from Punjab during the current marketing season.

"The government of India has clearly without any ambiguity clarified to them (Punjab) that we will purchase the committed quantity in time," Joshi said, adding that Punjab Chief Minister Bhagwant Mann had expressed satisfaction with the central government's assurance.

The procurement season began on October 1, with the Centre working to balance existing storage constraints with fresh crop arrivals.
Source: PTI
Read More On:
ricecentrepunjabevacuationpaddy procurementbhagwant mannfood ministerrail rakesstorage constraintsprahlad joshi
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

Orient Electric Q4 Profit Soars 100%, Revenue...

Orient Electric Ltd. (OEL) reported a significant jump in Q4 FY25 profit, driven by...

Gold Price Surge Hits Indian Women: Jewelry...

Soaring gold prices in India are forcing women to reconsider their jewelry purchases,...

RBL Bank Profit Dips 76% in Q4: Unsecured Loans...

RBL Bank's Q4 profit plunged 76% due to losses in unsecured lending, mainly...

Equity Investors Lose Rs 8.88 Lakh Cr in 2 Days

Indian stock market witnessed a sharp decline, wiping out Rs 8.88 lakh crore of...

CBIC Simplifies Air Container Import Procedure

The Central Board of Indirect Taxes and Customs (CBIC) has simplified the temporary...

CII Bengal's Roadmap for MSME Growth &...

CII West Bengal unveils a comprehensive agenda to empower MSMEs, foster industrial...

MHRIL Profit Down 12% in Q4 FY25, Revenue Falls

Mahindra Holidays & Resorts India Ltd (MHRIL) reported a 12.31% decline in consolidated...

Mphasis Q4 Profit Jumps 13.6% to Rs 446 Crore

Mphasis reports a 13.6% rise in Q4 profit to Rs 446.5 crore, driven by higher margins...

Canara Robeco AMC Files IPO Papers: Promoter...

Canara Robeco Asset Management Company files IPO papers with Sebi for an offer for sale...

Goyal Urges Steel Makers to Aim Higher, Calls...

Union Minister Piyush Goyal challenges the steel industry to set a higher production...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com