Last Updated :
17 March 2010 at 17:30 IST
India’s rice procurement dips to 242.79 lakh tonnes
NEW DELHI (Commodity Online): Rice procurement for the national buffer stock by the Food Corporation of India (FCI), has dipped by 2% to 242.79 lakh tonnes so far in the current marketing season as against the previous year, said a government statement on Wednesday.
The government procured 248.69 lakh tonnes of rice in the same period of 2008-09 season, it said.
However, the statement pointed out that in view of drought like condition in 337 districts of the country, this is a significant achievement. Moreover, it is more than the rice procured by the government agencies in 2003-04 and near about the quantity procured in 2004-05, it added.
Trading platform that even a 5 year old can trade. Join now
“Apart from this, the procurement process is still on and in the last marketing season, about 88 lakh tonnes rice was procured from March 16 till September 30, 2009”, it statement said.
Punjab has contributed 92.68 lakh tonnes followed by Andhra Pradesh 33.35 lakh tonnes, Chhattisgarh 29.97 lakh tonne, Uttar Pradesh 24.32 lakh tonnes, Haryana 18.13 lakh tonnes and Orissa 16.49 lakh tonnes.
MCX Silver 05 July 2012
contract was trading at
Rs 55888 , up Rs. 493 . What's your view on it?
After reading this article, people also read: