16.41 LMT fine paddy procured in Telangana
Hyderabad: The government informed the Assembly that it had procured 16.41 lakh MT of fine variety paddy as on December 17, 2024 from 2.92 lakh farmers. The value of the rice procured after paying Rs 500 bonus per quintal is pegged at Rs 820.42 crore.
The government in a written reply said that payment of MSP and bonus are being given simultaneously to the farmers. It may be noted that the bonus is being given in accordance with the promise made by the Congress ahead of elections. The party, it may be recalled, had promised to give bonus to all varieties of paddy but has been restricted to fine varieties.
The promise led to an increase in the area of cultivation of paddy in the state. The government pegged the extent of paddy of fine rice at 86.25 LMT out of the total 146.86 LMT.