site logo cmv
Search Location Location

Ad

Ad

₹ 31,000 Crore Transferred to Paddy Farmers, Bonus to Be Paid Soon


By Robin Kumar AttriUpdated On: 16-Feb-25 11:20 AM
noOfViews Views

Follow Us:follow-image
Shareshare-icon

ByRobin Kumar AttriRobin Kumar Attri |Updated On: 16-Feb-25 11:20 AM
Share via:

Follow Us:follow-image
noOfViews Views

The state government transfers Rs 31,000 crore to paddy farmers and prepares to distribute Rs 800 per quintal bonus soon.
₹ 31,000 Crore Transferred to Paddy Farmers, Bonus to Be Paid Soon
₹ 31,000 Crore Transferred to Paddy Farmers, Bonus to Be Paid Soon

Key Highlights

  • Rs 31,000 crore transferred to farmer’s accounts
  • 149.25 lakh metric tonnes of paddy purchased
  • 27 lakh farmers benefited from MSP
  • Rs 800 per quintal bonus to be credited soon
  • Bonus distribution to start in February

The state government has made record-breaking paddy purchases at the Minimum Support Price (MSP) this season. Additionally, farmers will receive a bonus soon. The government has already transferred Rs 31,000 crore to farmers bank accounts and is preparing to send the bonus amount shortly.

Also Read: New Sugarcane Varieties Promise Better Yield: Online Seed Booking Now Open

Paddy Purchase and Bonus Details

This season, the state government purchased paddy at Rs 3,100 per quintal. The central government had fixed the MSP for paddy at Rs 2,300 per quintal for 2024-25. As a result, farmers will receive an additional Rs 800 per quintal as a bonus from the state government. The bonus amount is expected to be transferred soon.

31,000 Crore Already Paid to Farmers

The government has procured more paddy than last year, marking a 4% increase. Around 27 lakh farmers benefited from the MSP, with Rs 31,000 crore directly deposited into their accounts. The government is now working on distributing the bonus, which may be credited to farmer’s accounts this week.

Also Read: Farmers in Odisha to Get ₹3100 MSP and Bonus on Paddy

Paddy Procurement Record in Chhattisgarh

According to the Chhattisgarh Agriculture Department, over 149 lakh metric tonnes of paddy have been purchased in the 2024-25 marketing season. This is the highest-ever purchase in the state's history. Last year, 144.92 lakh metric tonnes were procured, making this year’s purchase about 4% higher.

Number of Farmers Who Sold Paddy

The government began purchasing paddy at MSP on November 14, 2024, and the process lasted until January 31, 2025. During this period, paddy was procured from about 25,49,592 farmers. A total of 149.25 lakh metric tonnes of paddy was bought, making it the largest procurement in the state's history. The initial target was to procure 160 lakh metric tonnes.

Also Read: Haryana Government Transfers Rs 368 Crore Bonus to Farmers for Crop Loss Compensation

Top Districts in Paddy Procurement

Mahasamund district recorded the highest paddy procurement, with 11.04 lakh metric tonnes purchased from farmers. Bemetara followed with 9.38 lakh metric tonnes, and Baloda Bazar-Bhatapara recorded 8.56 lakh metric tonnes. Out of the total paddy procured, 103 lakh metric tonnes have already been sent for custom milling. Additionally, 4,102 rice millers have registered for the process.

Bonus Payment Timeline

Regarding the bonus payment, an official stated that Rs 31,089 crore has already been transferred to farmers for paddy purchases. The MSP amount has been paid, and now the Rs 800 per quintal bonus will be credited soon. The Chief Minister has announced that bonus distribution will begin in February.

Also Read: Good News for Farmers: MSP Purchase of Mustard, Gram, Moong, and Lentils to Begin Soon

CMV360 Says

The government's paddy procurement has benefited lakhs of farmers, ensuring financial support. Timely payments and bonuses will help improve their livelihoods. The record-breaking purchase and bonus distribution reflect the government's commitment to supporting agriculture. Farmers are now awaiting the bonus, which is expected to be credited soon, boosting their earnings and economic stability.

News


Skylark Drones Launches DIAMO-AG India’s Spray Management Software.webp

Skylark Drones Launches DIAMO-AG: India’s Spray Management Software

DIAMO-AG revolutionizes Indian farming with real-time data, fleet management, crop recommendations, and automation for higher yields....

19-Feb-25 10:06 AM

Read Full News
Up to 50% Subsidy on Tractor Purchase Apply Now.webp

Up to 50% Subsidy on Tractor Purchase: Apply Now

Farmers can apply for a 50% tractor subsidy under the SMAM scheme to reduce costs. Apply online today. ...

19-Feb-25 07:27 AM

Read Full News
Krishi Darshan Expo 2025 Hisar Hosts Advanced Tractor Models.webp

Krishi Darshan Expo 2025: Hisar Hosts Advanced Tractor Models

Leading brands showcase advanced tractors at Hisar’s Krishi Darshan Expo 2025, improving farm productivity with cutting-edge features....

18-Feb-25 07:18 AM

Read Full News
undefined

Montra Electric Tractor Launched at Krishi Darshan Expo 2025

Montra Electric launches the E-27 Electric Tractor at Krishi Darshan Expo 2025, offering eco-friendly, cost-effective, and powerful farming solutions....

18-Feb-25 05:41 AM

Read Full News
John Deere Launches New Tractor Range with India’s Most Powerful 130 HP Model.webp

John Deere Launches New Tractor Range with India’s Most Powerful 130 HP Model

John Deere launches 130 HP tractor, new tech features, and enhanced connectivity for better farming productivity and efficiency....

17-Feb-25 06:17 AM

Read Full News
Domestic Tractor Sales Report January 2025: 11.31% Growth, 61,875 Units Sold

Domestic Tractor Sales Report January 2025: 11.31% Growth, 61,875 Units Sold

India's tractor sales rose 11.31% in Jan 2025, with 61,875 units sold. M&M Group led, John Deere saw highest growth....

10-Feb-25 09:37 AM

Read Full News

Ad

Ad

As featured on:

entracker
entrepreneur_insights
e4m
web-imagesweb-images

Registered Office Address

Delente Technologies Pvt. Ltd.

M3M Cosmopolitan, 12th Cosmopolitan,

Golf Course Ext Rd, Sector 66, Gurugram, Haryana

pincode - 122002

Join CMV360

Receive pricing updates, buying tips & more!

Follow Us

facebook
youtube
instagram

COMMERCIAL VEHICLE BUYING BECOMES EASY AT CMV360

We bring great transparency on pricing, information and comparison of tractors, trucks, buses and three wheelers.