Kharif rice procurement target set at 49.5 million tonnes

by Yash Shah

The government has set a higher rice procurement target of 49.5 million tonnes for the 2020-21 kharif marketing season (KMS). The decision to increase rice procurement target by 19 per cent from the previous marketing season’s 41.6 million tonnes was taken at a meeting of State food secretaries convened by Secretary of the Department of Food & Public Distribution (DFPD). The procurement in 2019-20 KMS, exceeded the target by 0.4 million tonnes and touched 42 million tonnes. During the 2020-21 KMS, procurement estimates for Tamil Nadu and Maharashtra have risen by 100 per cent and that for Madhya Pradesh, Telangana, Bihar and Jharkhand are higher by 50 per cent as compared to the previous season.

References
1. https://www.thehindubusinessline.com/economy/agri-business/kharif-rice-procurement-target-set-at-495-lakh-tonnes/article32602782.ece
CMIE STATISTICS
Unemployment Rate (30-DAY MVG. AVG.)
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Non-financial Companies
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