At present, rice procurement has been started on a large scale by the government of the country. For the Kharif Marketing Season 2022-23, to date, more than 702 lakh metric tonnes of rice have been procured. Only purchases have been made till 20th February. More than 96 lakh farmers have benefited from this procurement process. Till now, Rs 1 lakh 45 thousand 845 crores has been transferred to the accounts of live farmers.
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The government has made all arrangements for the purchase process. The distribution is about 218 lakh metric tonnes as compared to the intermediate quantity procured till February 20. Information has been given by the central government that enough rice flour is available in the central sources to meet the needs of the country.
In the ongoing Kharif uproar, 702 lakh metric tonnes of rice have been procured. In the last uproar of 2021-22, 749 lakh metric tonnes of rice would have been procured. This year, 765.43 lakh metric tonnes of rice have been estimated to be procured.
Central Government has the power to withdraw the restrictions imposed on Rise Export. There are reports that the government is thinking of withdrawing the ban on the export of rice after the stabilization of the increasing price of rice in the domestic market and the improvement in the price. At the same time, the government is thinking of selling its available rice in the open market. The central government has enough money to deal with it.
That’s why the government will not face any problems in the supply of rice through welfare schemes. India accounts for about 40 percent of the world’s rice trade. It is said that if India withdraws the restrictions imposed on the exporter of rice, it will help to bring down the price of rice across the world. There is information that the government is seriously considering the issue after the grain shortage.
That’s why the states will get rice at the rate of Rs.34 per kg. The state government is running many schemes for the development of the poor people of the state. For this scheme, the state government will be able to buy rice from FCI at Rs.34 per kg, as opposed to the central government.
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