Kharif rice purchases increased by 12% amid early purchases by agencies in Chhattisgarh

Comparing October to September of 2022–2023 to the same time last year, rice procurement climbed by 12.2% to 218.73 lakh tonnes (lt). Thanks to the 15.91 lt acquired in Chhattisgarh with purchases starting a month earlier than the initial schedule, purchases in November were 11.73 lt greater than the level of the previous year. 121.91 lt of rice was purchased in Punjab between October and November, down 2.6% from 125.19 in the previous year, according to the most recent government data.

At 39.51 lt from 36.52 lt, the procurement in Haryana was 8.2% higher. Both States have completed their procurement periods. Data reveal that the number of liters of rice purchased in Uttar Pradesh decreased by 5.4% to 7.88 liters from 8.33 liters. While it decreased by about 1 lt in the western part of UP, it increased by nearly 50,000 tonnes in the eastern region, where it purchased more rice from October to November.

According to the official, there will be a 4.5% decrease in rice procurement across all of India in November if the quantity in Chhattisgarh is omitted. He used Tamil Nadu as an illustration, when the procurement process began on September 1 rather than the customary October 1. While overall procurement in the State increased by 61.8 percent through November 30, rice purchases fell by 82 percent in November after increasing by 344.7 percent from September to October.

There was a 61.8% increase as of November 30. According to official statistics, the total procurement of rice in India grew by 12.7% in November compared to the same month a year earlier. In Punjab, purchases were 15% lower in November than they were in October, which saw an increase of 8%. On the other side, October saw a 60% fall in Uttar Pradesh, and November saw only a 1.5% decline.

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