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Paddy worth Rs 67.50 crore to be purchased in current fiscal year

Kathmandu. The government has decided to purchase 15,000 metric tonnes of paddy at the minimum support price in the current fiscal year. Rs 67.50 crore has been allocated for the purchase of paddy.

The Ministry of Agriculture, Forest and Environment has said that it is coordinating with the Ministry of Industry, Commerce and Supplies to purchase paddy at the minimum support price. According to the private secretariat of Minister for Agriculture, Forest and Environment Geeta Chaudhary, the procurement process has started and for the fiscal year 2083-84, the minimum support price of paddy has been fixed at Rs 3,660 per quintal and that of coarse medium paddy at Rs 3,860 per quintal.

According to the Secretariat, the farmers would get a good price for their produce and uncertainty regarding the price would be reduced if they purchased paddy at minimum support price.

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