To protect farmers from unfair trade practices and ensure transparent paddy procurement, the government has introduced taluk-level committees across various agricultural regions. These committees aim to monitor procurement processes, prevent middlemen exploitation, and guarantee fair pricing for farmers selling their produce.
Paddy procurement in India has long been plagued by challenges such as delayed payments, price manipulation, and lack of direct farmer access to markets. By establishing these committees, authorities hope to create a more structured and accountable procurement system, ensuring farmers receive their rightful dues without delays.
The committees will work in coordination with state procurement agencies, food supply departments, and local agricultural officers to oversee the process. Farmers will be provided with real-time updates on procurement schedules, pricing policies, and quality assessment criteria. Additionally, digital record-keeping and online payment mechanisms will be encouraged to reduce corruption and improve efficiency.
This initiative is expected to benefit thousands of farmers, particularly in states like Punjab, Haryana, Odisha, and Chhattisgarh, where paddy farming is a crucial part of the economy. Strengthening fair procurement practices will not only boost farmer incomes but also contribute to a stronger and more sustainable agricultural supply chain in India.
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BlackRock, a major global investment firm, has secured a deal to manage ports on both sides of the Panama Canal, effectively bringing key trade gateways under U.S. influence. The move is seen as part of a broader strategy to strengthen America’s supply chain security and reduce dependency on China-controlled port infrastructure.
The Panama Canal is a vital maritime route
for global trade, connecting the Atlantic and Pacific Oceans. With the rising geopolitical tensions between the U.S. and China, control over such strategic assets has become a key focus for policymakers. By acquiring these port operations, BlackRock aims to enhance efficiency, boost trade flow, and secure key supply routes for U.S. businesses.
Experts suggest that this deal could impact China’s Belt and Road Initiative (BRI), as Beijing has been actively expanding its port influence worldwide. The shift in control may also influence global shipping patterns and trade alliances.
As supply chains become more geopolitically sensitive, port infrastructure and maritime logistics are emerging as critical assets in global trade strategy. BlackRock’s investment signals a major shift in how nations secure their trade interests in an increasingly competitive world.
Explore the latest edition of Journal of Supply Chain Magazine and be part of the JOSC Daily News Bulletin.
Discover all our upcoming events and secure your tickets today.
Journal of Supply Chain is a Hansi Bakis Media brand.