India’s rice procurement up 5% in 2025-26, as Govt buys 18% higher from rabi crop
India has achieved 99% of its 575.52 lakh tonne rice procurement target, 5% higher than last year. With paddy acreage only 2% lower, another bumper harvest is possible, prompting the government to accelerate disposal of surplus stocks before the new procurement season.
India has achieved 99 per cent of its rice procurement target of 575.52 lakh tonnes (lt) so far. It is 5 per cent higher than the year-ago level. As the new marketing season begins from October 1, the government may have to fast-dispose of its stocks before the next purchase for the 2026-27 marketing season staring October 1.
The fall in paddy acreage is a marginal 2 per cent so far, creating hope of another bumper harvest, unless there is large monsoon deficiency during August-September.
The government fixed the rice purchase target at 485.95 lt from the kharif-grown crop and 89.57 lt from the rabi season during the 2025-26 season (October-September). Total procurement in 2024-25 from both kharif and rabi crops was 545.22 lt in terms of rice.
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Source : The Hindu Businessline
