Tractor News

Government Procures 7,07,968 Metric Tonnes of Paddy, Disburses Rs 507 Crore to Farmers

The disbursement of Rs 507.72 crore to the farmers not only aids in boosting their income but also stimulates the local economy, ensuring financial stability in the agricultural sector. This procurement endeavor represents a collaborative effort between the government and the farming community, further cementing the bond between them.

Rice Procurement
Rice Procurement (Image: Egiye Bangla)

In a significant boost to the agricultural sector, the procurement of paddy in the district has gained momentum, with a total of 7,07,968 metric tonnes (MT) of crops arriving in grain markets. Deputy Commissioner (DC) of Amritsar Ghanshyam Thori announced this development today and highlighted that the government had disbursed a substantial sum of Rs 507.72 crore among farmers for their paddy.

The Deputy Commissioner expressed his satisfaction with the progress and emphasized that all government procurement agencies had been actively engaged in the procurement process, ensuring that farmers receive their dues promptly. The procurement operation has provided essential support to the local farming community during this crucial period.

Out of the total paddy produce that arrived in grain markets, 2,54,859 MT consisted of parmal, while a substantial 4,53,109 MT was high-quality basmati crop. This diversity in the paddy varieties reflects the agricultural richness of the region.

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As the procurement process continues to unfold, it is important to note that six percent of the total paddy has already been lifted from the markets, underlining the efficient execution of this vital agricultural initiative.

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The disbursement of Rs 507.72 crore to the farmers not only aids in boosting their income but also stimulates the local economy, ensuring financial stability in the agricultural sector. This procurement endeavor represents a collaborative effort between the government and the farming community, further cementing the bond between them.

The successful procurement of paddy is a positive sign for the district's agricultural landscape, and it underlines the government's commitment to supporting farmers by providing fair prices for their produce. This initiative is expected to enhance the economic well-being of the farming community and contribute to the overall prosperity of the region.

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