Paddy procurement at the minimum support price (MSP) in Chhattisgarh will start from November 14.
The state government has set a target to purchase a record 16 million tonne (mt) yield at MSP this time. The officials said a total of 8 lakh bales of rice will be required for the procurement.
Chhattisgarh is among few states in the country that purchases paddy directly from the farmers at MSP. It also pays the highest price of Rs 3,100 per quintal.
The state cabinet in a meeting on Wednesday approved the policy on paddy procurement and custom milling at support price for the kharif marketing year 2024-25.
“Based on the recommendation of the Cabinet sub-committee, it has been decided to start purchase of paddy from November 14, 2024 in cash and linkage from the farmers of the state at support price,” a state government spokesperson said.
Paddy procurement in the state will continue till January 31, 2025, he added.
