Telangana to procure 5.3 MMT paddy.

The state government will procure 5.3 MMT of paddy from farmers in the ongoing financial year. Of this, 2.8 MMT will be procured in the Kharif season and 2.5 MMT during Rabi. The MSP for common variety of rice has been increased from Rs 1,470 to Rs 1,550 per quintal, and for Grade-A from Rs 1,510 to Rs 1,590. This was stated in the paddy procurement policy released for 2017-18 which aims to ensure minimum support price for farmers, ending the role of middlemen at market yards and checking irregularities in paddy procurment and milling of rice.