An amount of ₹3,000 crore was credited to farmers’ bank accounts at one go on Friday in lieu of sale of paddy produced by them this (2022-23) rabi season at the procurement centres set up by different government agencies under the aegis of Telangana State Civil Supplies Corporation.
Minister for Civil Supplies Gangula Kamalakar said on Friday that 64.52 lakh tonnes of paddy worth ₹13,264 crore was procured from about 11 lakh farmers as on June 15. He stated that procurement operations would be closed completely by June 18 and the entire amount due to farmers would be paid to them by June 20.
However, District Collectors would have the discretion to continue procurement centres, based on the need, for a few more days. Of the total value of paddy procured as on June 15, transactions for ₹10,439 crore were entered in the online procurement management system (OPMS) and ₹9,168 crore, including ₹3,000 crore released on Friday, was paid to the farmers so far.
