Paddy procurement deal with public sector banks renewed, says Kerala Agriculture Minister
Minister says in previous LDF govt’s tenure, paddy was procured through cooperative societies in Palakkad on an experimental basis, and that UDF govt has decided to continue erstwhile practice of procuring it entirely via Supplyco
Kerala's Agriculture Minister has announced the renewal of a paddy procurement agreement with public sector banks. This initiative builds upon a previous LDF government's experimental approach in Palakkad, which utilized cooperative societies for procurement. The current UDF government has opted to continue and expand this practice, centralizing paddy procurement entirely through Supplyco.
This decision impacts farmers by ensuring a streamlined and potentially more efficient system for selling their paddy, affecting agricultural livelihoods and the state's food supply chain.
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