In 2016-17 and 2017-18, the Uttar Pradesh (UP) government had published Paddy procurement figures of three.5 MT and 4.Three MT respectively against the target of 5 MT. Now, the authorities hopes it is able to enhance on remaining 12 months’s procurement goal of four.Three MT if it can not meet no longer the whole five MT mark.
Paddy procurement in UP has bogged down with state businesses obtaining about 2.2 million tons (MT) of the cash crop till December 31 in comparison to 2.7 MT procured in the corresponding period closing 12 months.
The procurement is sort of 20% lower this year and makes the authorities’s target of acquiring 5 MT Paddy in the present day kharif advertising and marketing season tough.
With 90 days of the entire five months of Paddy procurement in the October-February duration gone, groups might be tough pressed to obtain the last procurement of 2.8 MT in any other 60 days.
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