The Civil Provides Division of Telangana has procured 64.30 lakh tonnes of paddy from about 9.75 lakh farmers.
“The combination worth of the procured paddy stands at ₹13,750 crore. Of this, ₹12,700 crore had been disbursed to the respective farmers,” a prime authorities govt mentioned.
The remaining quantity can be credited to the accounts of the farmers within the subsequent few days.
The division opened about 7,000 procurement facilities throughout the State with a goal to acquire one crore tonnes of paddy. The overall procurement, nevertheless, is anticipated to cross the 65-lakh tonne mark because the kharif procurement season involves an finish within the subsequent few days.
This will likely be decrease than the final 12 months’s procurement by the State. In 2021-22, the State procured 70.22 lakh tonnes of paddy from 10.60 lakh farmers by spending ₹13,763 crore.
The State grew paddy in 26 lakh hectares within the kharif this 12 months in opposition to 21 lakh hectares within the kharif final 12 months.