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Home : Asia Pacific : India Market : India: Government Rice Procurement Down 5.2% On Year
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India: Government Rice Procurement Down 5.2% On Year

By news desk on December 14,2007

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According to latest figures, India's central government has so far managed to purchase only 10.5 million MT of rice from farmers as of Friday, down 5.2% on year.


India's rice marketing year starts in October and ends in September. The government purchases rice from farmers at state-set intervention prices to run its subsidized rice sale programs.


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