The Chhattisgarh State Cooperative Marketing Federation (MARKFED) has released Rs 1,301 cr to district cooperative central banks for taking up paddy procurement exercise, officials informed here on Wednesday.
“The money would be transferred online in the bank accounts of farmers selling their paddy on support price,” President of MARKFED Radhakrishna Gupta said.
He further informed that procurement centers of cooperative societies is seeing heavy arrival of paddy and about 9.06 lakh metric tones of paddy has already been purchased at these centers. Out of the total paddy procured so far, delivery order (DO) for shifting of 36,951 metric tonnes of paddy has also been released, he said while adding that rice millers have lifted 3,942 tonnes of paddy directly from the procurement centers for custom milling. According to Gupta, the State government has decided to purchase 65 lakh metric tonness paddy during the ongoing Kharif season for year 2016-17. The current procurement season that had started on November 15 will end on January 31, 2017. He appealed to farmers of the State to sell their paddy at nearest paddy procurement centers.