The Telangana government has purchased 15.06 lakh tonnes of paddy till date as against 11 lakh tonnes for the corresponding period last year under the Minimum Support Price scheme. A sum of Rs. 2,160 crore was paid to 3.5 lakh farmers in the process.
This was discussed at a meeting convened by the Civil Supplies Commissioner, Rajat Kumar, with district managers of civil supplies here on Saturday to review procurement of paddy under MSP for 2015 kharif, collection of custom milled rice and payment of money to farmers.
A release said that payment was made to 10 per cent of farmers through a new online system and the money was handed over within 48 hours of purchase. The cumbersome reconciliation procedures in the past took 20 to 25 days for the payments to be made completely.