India govt procures 35.04 MMT rice in 2017-18 season so far.

The government has procured 350.28 lakh tonnes of rice in the current marketing season so far, according to official data. The rice procurement target for the current season (October-September) has been fixed at 375 lakh tonnes. In the previous year, total rice procurement had surpassed the target at 381.06 lakh tonnes. Procurement is undertaken by state-run Food Corporation of India (FCI) and state agencies for the central pool to meet the requirement of food security law. Rice is purchased at the minimum support price (MSP). Rice purchase in Punjab has reached 176.61 lakh tonnes in October-December of this season. The state has already surpassed its target of 115 lakh tonnes. In Haryana, rice procurement has reached 59.20 lakh tonnes, exceeding the target of 30 lakh tonnes given for the entire season.