Govt purchases 95% of rice produced in Chhattisgarh, open market availability dips

[ad_1] Chhattisgarh has procured 95 per cent of the State’s rice production this year, aided by a ₹900/quintal bonus paid by the Vishnu Deo Sai Government above the minimum support price (MSP) of paddy resulting in rice millers and traders...

India’s rice buy for buffer stocks tops 44 million tonnes but down 7% YoY

[ad_1] Rice procurement across the country has reached 44.15 million tonnes (mt) as of March 5 after the 2023-24 season began from October 1. This is 7 per cent lower from 47.55 mt year-on-year (YoY). However, considering that the kharif...