Nafed joins Assam rice procurement
This will be the first time Nafed – which usually buys oilseeds and pulses – procures rice in Assam, which is traditionally done by FCI. Even though FCI has a robust machinery in key producing states like Punjab, Haryana, Andhra Pradesh, Chhattisgarh and Orissa, it is relatively weak in the north-east, which is why the crop forecasts prompted Assam to seek help.
“We have instructed Nafed to help Assam in rice procurement,” Thomas told FE. Procurement is expected to start in the next few weeks.
Thomas has also asked Assam to use the National Bank for Agriculture and Rural Development allocation of R2,000 crore during the current fiscal to create warehousing infrastructure in various states.
“We are willing to supplement FCI in its rice procurement drive,” Rajeev Gupta, managing director, Nafed said.
Kharif rice procurement has crossed 11 mt, mainly from Punjab, Haryana, Andhra Pradesh, Tamil Nadu, Chhattisgarh and Uttar Pradesh. With procurement starting soon in Orissa, West Bengal and Bihar, the government is on course to meet the year’s record target of 35.31 mt. “We will meet the target comfortably,” Thomas noted. Rice output this fiscal is expected at over
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