Paddy procurement in Chhattisgarh reached close to 9 lakh tonnes
26-Nov-2024 10:46 AM
Paddy procurement in Chhattisgarh reached close to 9 lakh tonnes
Chhattisgarh has made significant progress in its paddy procurement efforts this year, with nearly 9 lakh tonnes of paddy already procured. The procurement target for the state in 2024 has been set at 160 lakh tonnes, indicating that there's still a long way to go before reaching the goal. Yesterday alone, the procurement reached 2.17 lakh tonnes.
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There are developments in the rice export sector. According to recent sources, the government is expected to soon open up exports for 100% broken rice. The production of broken rice in the country stands at 150 lakh tonnes, with approximately 16 lakh tonnes expected to be exported, which could provide a boost to the rice industry. This could be a significant opportunity for rice farmers and exporters, especially in a year when procurement targets are high.
