{
  "id": 4903477,
  "title": "Govt sets paddy procurement target at 708.64 lakh tons in KMS 2026-27, lower than actuals of last 3 yrs",
  "url": "https://urgent.news/2026/09/01/govt-sets-paddy-procurement-target-at-708-64-lakh-tons-in-kms-2026-27",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-01T17:00:47.000Z",
  "source": {
    "name": "The Economic Times - Economy",
    "slug": "the-economic-times-economy",
    "url": "https://economictimes.indiatimes.com/news/economy/agriculture/govt-sets-paddy-procurement-target-at-708-64-lakh-tons-in-kms-2026-27-lower-than-actuals-of-last-3-yrs/articleshow/133687571.cms"
  },
  "original_language": "en",
  "account": "On Tuesday, the government announced a paddy procurement target of 708.64 lakh tonnes for the 2026-27 Kharif Marketing Season, which begins on October 1. This target is lower than the actual procurement levels in the past three seasons. The target was determined during a review meeting chaired by Union Food Secretary Sanjeev Chopra, with input from state food secretaries. The actual procurement for the current Kharif Marketing Season (KMS) 2026-27 has reached 720.74 lakh tonnes, while the full-season procurement for 2024-25 was 708.85 lakh tonnes and for 2023-24 was 689.56 lakh tonnes. The scaled-down target is due to a decline in the paddy-sown area, which was 414.10 lakh hectares as of August 31. The actual paddy production in 2025-26 is estimated at 123.92 million tonnes based on the second advance estimate. The meeting also approved the rollout of Improved Rice under PMGKAY and other welfare schemes, with stricter broken-grain norms. The new specifications require no more than 10% broken grains in raw rice, down from 25%, and 5% in parboiled rice, down from 16%.",
  "summary": "The Centre has set a paddy procurement target of 708.64 lakh tonne for the upcoming Kharif season. This target is lower than actual procurement levels seen in recent years. Improved rice specifications with tighter broken-grain norms will be implemented from this season. Coarse grain procurement estimates also show an increase for the 2026-27 season. The government continues its push for storage…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}