Govt to procure 15,000 tonnes of paddy before Tihar
Summary
The government will procure 15,000 tonnes of paddy worth Rs. 675 million before Tihar at the minimum support prices set for the current fiscal year. Procurement will begin at more than 13 locations nationwide, with depots being set up in coordination with local governments.
Key Points
- The government plans to procure 15,000 tonnes of paddy worth Rs. 675 million before Tihar in the current fiscal year 2026/27.
- The minimum support price has been fixed at Rs. 3,660 per quintal for coarse paddy and Rs. 3,860 per quintal for medium-grade paddy.
- Agriculture Minister Gita Chaudhary is coordinating with agencies to implement the procurement scheme effectively.
- FMTC will buy paddy from farmers at more than 13 locations and establish procurement depots with local governments.