Odisha to create additional storage for rice to accommodate paddy glut

By The Hindu Staff

1 hour ago 1 views

Odisha to create additional storage for rice to accommodate paddy glut — Photo credit: The Hindu

File photo for representational purposes only. | Photo Credit: Srinath M.

With Odisha recording massive paddy harvest over the years and paddy procurement shooting up following increase in minimum support price (MSP), the State government has decided to create additional godown space of 10 lakh metric tonnes for rice in the State through a public-private-partnership mode.

“In order to strengthen the food supply chain, the Odisha government proposes to develop 10 lakh metric tonnes of additional storage capacity under the Odisha State Private Entrepreneur Scheme (OSPEG) framework through the PPP mode. While 4 Iakh metric tonnes of storage will be created in the first phase and 6 lakh metric tonnes will be created in the second phase,” the State government said, announcing Odisha State Private Entrepreneur Guarantee (PEG) Scheme, 2026.

As per the government, paddy procurement in the State has witnessed a substantial increase in recent years. The total procurement has risen from 70.88 Lakh Metric Tonnes (LMT) during 2023–24 to 97.94 LMT during 2025-26, along with a significant increase in the number of farmers participating in the procurement process. The State government has spent ₹30126.24 crore towards procurement.

Originally published by The Hindu on Oct 6, 2026 Read the full article at thehindu.com

Read original

About this page. Sisnoo is an aggregator. This article was imported from a publisher feed and may have been reformatted. Copyright remains with the original publisher, and the headline, image and any quoted text are used for attribution and indexing purposes. Source links are preserved on every item in the archive.